Excel: how to find quotient

Elliott

Board Regular
Hi,

I am trying to set price X using the following formula

(([X]*0.861)+2.43)-[Y]=Z

X=price
Y=cost
Z=profit

what would I have to multiply X by for Z to always be =0.50

I realize this is a math question but I also need to write the formula in Excel.

many thanks,

Elliott

Excel Facts

What is the fastest way to copy a formula?
If A2:A50000 contain data. Enter a formula in B2. Select B2. Double-click the Fill Handle and Excel will shoot the formula down to B50000.

Seti

Well-known Member
To always get a profit of .5, X would need to be defined as

[X]=(.5+[Y]-2.43)/0.861

many thanks,

worked great!

Elliott

Elliott

Board Regular
How would I state this to say, if Price <0 then Price = 0.1, otherwise is:

Price: Round((0.6+[cost]-2.42)/0.861,2)

many thanks,

Elliott

Aladin Akyurek

MrExcel MVP
How would I state this to say, if Price <0 then Price = 0.1, otherwise is:

Price: Round((0.6+[cost]-2.42)/0.861,2)

many thanks,

Elliott

=MAX(0.1,ROUND(((0.6+A2-2.42)/0.861,2))

where A2 houses the cost value.

Elliott

Board Regular
How would this be written as an Access Query function?

Many Thanks,

Elliott

Aladin Akyurek

MrExcel MVP
How would this be written as an Access Query function?

Many Thanks,

Elliott

Price: IIf(Round((0.6+[Cost]-2.42)/0.861,2)<0.1,0.1,Round((0.6+[Cost]-2.42)/0.861,2))

Elliott

Board Regular
ahh, a gentemen and a scholar

it worked perfectly

MANY THANKS!!

Elliott

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