Function to calculate a markup

swaink

Active Member
Joined
Feb 15, 2002
Messages
432
Hi All I have a formula that I wish to convert to a function for other users to be able to use. The formula calculates what percentage markup is required to acheive a stated percentage profit. it would look something like
"markup = cost / (100 - profit) * profit"

Any ideads many thanks

Kevin :rolleyes:
This message was edited by swaink on 2002-02-20 03:47
 

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Yes please help me, my question are the same as Kevin's.

Regards,

Pete

On 2002-02-20 02:19, swaink wrote:
Hi All I have a formula that I wish to convert to a function for other users to be able to use. The formula calculates what percentage markup is required to acheive a stated percentage profit. it would look something like
"markup = cost / (100 - profit) * profit"

Any ideads many thanks

Kevin :rolleyes:
This message was edited by swaink on 2002-02-20 03:47
 
Upvote 0
=1 + a1/(1-a1)

where a1 = % profit (e.g. 0.33 in a1 for 33% profit) yields 1.5 for a markup
This message was edited by gvanbee on 2002-08-05 12:27
 
Upvote 0
If you want a 25% margin and Cost is $1.
If cell A1 contains 1. Formula in B1 is =A1/(1-.25). You'll get 1.3333 (which is your selling price).
 
Upvote 0

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