More math than formula but I could really use your help please

Carlos5

Board Regular
Joined
Jan 14, 2015
Messages
58
Hello, I started to write a formula but realized that I don't even know where to start with the math. Please help.
Here is the problem. I offer 10% off of the price for all people during a sale. Members get 15% off. the problem is that the 10% is automatically figured so to get to 15% from the original price I would have to take x% off from the discounted price. How do I figure x? (Example in numbers: item is $10.00, 10% off = $9.00, what % off from the $9.00 do I use to get to 15% off of $10.00? (i.e. to $8.50)
I hope that makes sense.
Thanks,
Carlos
(edit: spelling)
 
Last edited:

Excel Facts

Did you know Excel offers Filter by Selection?
Add the AutoFilter icon to the Quick Access Toolbar. Select a cell containing Apple, click AutoFilter, and you will get all rows with Apple
I would probably figure out 1% of the original price...then you use either 10x that or 15x that value as the discount depending on if they're a member or non-member.
 
Upvote 0
The formula will be:
Lower discount applied price - (original price×(higher discount rate - lower discount rate))
For example let say original price is 100. You applied 10% and dropped to 90.
90-(100*(0.05))=85
I hope this makes sense. Take care 🙋🏻
 
Last edited by a moderator:
Upvote 0
In addition if you want to find x% rate directly, the formula will be:
90-90*x = 85
90x = 5
x = 1/18
 
Upvote 0
Solution
Book1
ABC
1Original priceDiscounted PriceMembers Price
2$10.00$9.00$8.50
Sheet1
Cell Formulas
RangeFormula
B2B2=A2*0.9
C2C2=B2/9*8.5
 
Upvote 0

Forum statistics

Threads
1,215,374
Messages
6,124,573
Members
449,173
Latest member
Kon123

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