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Calculating Price Based On Projected Profit Margin

I am using this current formula to calculate my profit margin on product I sell.

=(A8-B8)/A8

Price Cost Percentage $3.79 $2.00 47.23%
I would like to be able to put in the Cost of the Product and desired profit margin to get the retail price. Can anyone help Please?

Cost Margin Price $2.00 45%


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Sale = A1
Cost = B1
Margin = C1

I know to calculate Margin its' C1=1-(B1/A1) and to calculate Sale its, A1=B1/(1-C1), and I can do that in separate columns. But...... I'm tasked with trying to find a way so that I can do it in three columns. As in if I change cost then margin recalculates or if I change margin then sale recalculates. I'm thinking that this is going to cause a circular error but my boss says there's got to be a way to do it, figure it out. Any suggestions?

Alex


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I'm not sure how to do this, but I want the Total (column D) to be the sum of the Unit Price (column C) times the Quantity (column A). Is there a formula you can apply to a column or do I have to do it in individaul cells?


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Hi everyone....this is my first post here ....and not my last I believe!

My question I believe is easily solvable for you cracks of excel.
I have a worksheet with a list of rows (item#, date, price, etc). In the last column of this list I can put an x for some of the items.
On another worksheet or sheet, I need to autoamtically have a list of the items in the first list above, that have an X in the last columns.
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I would like to send SMS from a VBA macro to my mobile phone. Do anyone know how to do this?

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http://www.easy-share.com/1906519167/RibsV0.5b3.2.xlsm - same file, better website

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