Rearranging a Formula

clares

Well-known Member
Joined
Mar 14, 2002
Messages
557
I wonder if someone would be able to re-arrange this formula for me as I've tried an it isn't giving me the correct value.

This formula gives me a Selling Price based on a Cost Price with a Margin %

E2 = Cost Price
F2 = Margin Percentage
K2 = Sell Price

K2 = E2/(1-(F2))

I seem to be unable to re-arrange the formula in Excel so that I can calculate the "ideal" Cost Price based on what I want to achieve as a Margin %

Forgive me if this is not the right forum but I know there are some extremely helpful and clever people here.

Thank you in advance.
 

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Ambidextrous Undo
Undo last command with Ctrl+Z or Alt+Backspace. If you use the Undo icon in the QAT, open the drop-down arrow to undo up to 100 steps.

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