Need some help a formula Please

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Jan 26, 2007
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I have cost of $100.00, I need a 10% profit = $110.00. total selling price.

I have a 35% lease agreement that reduces $110.00 to $71.50.

I have tried to merge these two formulas to accomplish, a formula that will tell me what profit I need to make for my total selling price, to be the same after the lease deducted.

Code:
 =SUM(111.11-100)/100

Code:
 =SUM(100*0.1+100

Without the lease being charged back in extra percentage to compensate for the lease.

Hope this makes sense

Thanks in advance
Bill
 
Peter_SSs:

You didn't misunderstood, you got it I forgot to divide my cost to get it to a percent.

Thank You

Also thank you kweaver for your help.

problem solved
 
Upvote 0

Excel Facts

Using Function Arguments with nested formulas
If writing INDEX in Func. Arguments, type MATCH(. Use the mouse to click inside MATCH in the formula bar. Dialog switches to MATCH.

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