Goal Seek

mitchman7614

New Member
Joined
Apr 25, 2006
Messages
29
IThe following is an example data set:

New Price ?? this is what I want to solve

Customer Units Price Gross Margin Ext Price Ext Margin
ABC 5 3500 2330 17500 11650
XYZ 10 2200 1100 22000 11000
123 20 2800 1250 56000 25000
456 5 2750 1400 13750 7000
789 20 2950 1500 59000 30000

Total 60 168250 84650

How would I go about setting one price (all customers receive the same price) while maintaining the margin of 84650? Can I use goal seek?
 

Excel Facts

Repeat Last Command
Pressing F4 adds dollar signs when editing a formula. When not editing, F4 repeats last command.
In an unused cell (say H2) set the start price at an arbitrary price. Reference the price for each individual customer to the above =$H$2. In the goal seek window:

Set Cell: [cell containing total margin]
To Value: 84650
By Changing Cell: [H2]​
 
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