Excel Goal Seek

donnydon

New Member
Joined
Aug 25, 2011
Messages
1
Hi all
Need help desparetly. I am learning Excel and am having alot of difficulty in the Goal Seek function.

The question I need to answer uising goal seek is:

'use the whatif/goal seek function to change a markup rate in celle B6 (currently 114% and entered as a percentage not a formula) until a net profit of $1.00 is achieved for the probable outlook in cell D50 (currently an amount of $116,243.39 - this is made up of a formula of Total sales minus total expenses)

I have tried sevrel times and the gosl seek just does not want to return a value.

Any advise or assistance as to what I ma doing worng would be greatly greatly greatly appreciated.

Thanks
 

Excel Facts

Which lookup functions find a value equal or greater than the lookup value?
MATCH uses -1 to find larger value (lookup table must be sorted ZA). XLOOKUP uses 1 to find values greater and does not need to be sorted.
So you have tried using Goalseek?
Ie:
Set Cell: D50
Equal To: 1.00
By Changing Cell: B6

I am assuming based on your post that D50 is where you've calculated your net profit margin.

If this is the case then what exactly is goal seek doing/ not doing for you?
 
Upvote 0

Forum statistics

Threads
1,224,602
Messages
6,179,845
Members
452,948
Latest member
UsmanAli786

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
Back
Top