# Calculating Sale price from cost and Margin

#### Mr T

##### New Member
Hi all,
I need to calculate some sale prices based on original cost 24.9 and margin 85%. I know this is really simple but i am having a monday mental block

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#### Andrew Poulsom

##### MrExcel MVP
Is it 100/15 times original cost?

#### Mr T

##### New Member
Thank you this seems to be correct

#### duplinguy

##### Board Regular
Formula is Cost/(1-Pecent Margin).
In your example, 24.9/(1-.85) will give you a selling price of 166.

• Number4

=D11*(1+F11)

D11 = Cost Price
F11 = %

#### capchica85

##### New Member
This is the correct answer above:

Formula is:
Sell Price = Cost / (1- Margin %).
In your example, 24.9/(1-.85) will give you a selling price of 166.

Here is the excel function: =A2/(1-B2) where A2=cost and B2=margin% (in decimal form)

(isn't that a high margin Mr. T? you're lucky to be able to do that)

100/15 * cost is the same as 24.9 * 100/(100-85) which works but is complicated.

Sell Price = Cost * (1+ Margin %) does not work.

#### CRUTHERFORD

##### Board Regular
This is the correct answer above:

Formula is:
Sell Price = Cost / (1- Margin %).
In your example, 24.9/(1-.85) will give you a selling price of 166.

Here is the excel function: =A2/(1-B2) where A2=cost and B2=margin% (in decimal form)

(isn't that a high margin Mr. T? you're lucky to be able to do that)

100/15 * cost is the same as 24.9 * 100/(100-85) which works but is complicated.

Sell Price = Cost * (1+ Margin %) does not work.

I'm sorry but Sell Price = Cost * (1+ Margin %) DOES work and shows the correct value. For example:

£5 * (1+20%) = £6
20% of £5 = £1

#### sheppyh

##### New Member
I'm sorry but Sell Price = Cost * (1+ Margin %) DOES work and shows the correct value. For example:

£5 * (1+20%) = £6
20% of £5 = £1
You bloody better be sorry, because you're WRONG.

Thanks for wasting 15 mins of my time with your confusion.

This is profit % not margin %

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