# Calculating the Gross, if you know the Net and the Percentage

#### mniedert

##### Board Regular
Here's the scenario:
I have a consultant who I've agreed to pay \$10,000. We have an outsourced Accounts Payable company that charges a 1.5% fee to the invoiced amount. So if they submit an invoice for \$10,000, their NET check will be \$9850. I need to tell the consultant to invoice me for a higher some higher gross amount so that his net is \$10,000.

I'd like to build an excel formula that gives me the correct answer and allows me to change the NET amount and the fee percentage. But I'm not smart enough to figure it out...and I'm running out of daylight.

So if A1 is my NET Amount (ex. \$10,000)
and A2 is my Fee Percentage (ex. 1.5%)
what formula would I put in A3 to give me what the Gross should be?

### Excel Facts

Copy formula down without changing references
If you have =SUM(F2:F49) in F50; type Alt+' in F51 to copy =SUM(F2:F49) to F51, leaving the formula in edit mode. Change SUM to COUNT.
If you're just tacking the 1.5% on top, then:

=A1*(1+A2)

HTH,

That would be:

=A1/(1-A2)

Replies
10
Views
2K
Replies
0
Views
112
Replies
0
Views
306
Replies
1
Views
687
Replies
3
Views
12K

1,203,522
Messages
6,055,893
Members
444,832
Latest member
Kauri

### 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.

### Which adblocker are you using?

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

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