Calculate Liability

dgavin

Active Member
Joined
Feb 16, 2005
Messages
302
A B C D
1 ODDS COMM STAKE LIABILITY
2 4.00 5% 10.00 £30.15
3 4.50 5% 8.56 £30.14

Liability = ((ODDS-1)*(COMM+STAKE))

I need help with a formula that can calculate C3 by matching the liability.

So if I enter odds and stake in row 2 my formula will calculate the liability.

If I enter odds in row 3, i need a formula to match liability in D2 and also what stake (C3) is required.

Many Thanks
 

Some videos you may like

Excel Facts

Can Excel fill bagel flavors?
You can teach Excel a new custom list. Type the list in cells, File, Options, Advanced, Edit Custom Lists, Import, OK

Andrew Poulsom

MrExcel MVP
Joined
Jul 21, 2002
Messages
73,092
If:

Liability = (Odds-1)*(Comm+Stake)

then:

Odds = (Liability/(Comm+Stake))+1
Stake = (Liability/(Odds-1))-Comm

So if you have Odds, Comm and Stake in row 2, Liablility is:

=(A2-1)*(B2+C2)

If you have Comm, Stake and Liability, Odds is:

=(D2/(B2+C2))+1

If you have Odds, Comm and Liability, Stake is:

=(D2/(A2-1))-B2
 

Watch MrExcel Video

Forum statistics

Threads
1,127,522
Messages
5,625,301
Members
416,089
Latest member
Captkraken33

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Top