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Calculating Markup For Retail Price

Hello,
I am trying to figure out the formula for calculating retail price if I have the cost and margin (%)/

Example:
cost is $10.00 (known figure)
Markup is : 40% (known figure)
Retail should be: 16.66

Thanks JR


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Similar Topics







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


I am using below code, but it only untill 19,999. Amount from 20,000 and above only show thousand? Please help!

For 19,999 it show
Ringgit Malaysia : Nineteen Thousand Nine Hundred NinetyNine Only

For 20,000 and above it show
Ringgit Malaysia : Thousand Only

Code as below:

Function SpellNumber(amt As Variant) As Variant
Dim FIGURE As Variant
Dim LENFIG As Integer
Dim i As Integer
Dim WORDs(19) As String
Dim tens(9) As String
WORDs(1) = "One"
WORDs(2) = "Two"
WORDs(3) = "Three"
WORDs(4) = "Four"
WORDs(5) = "Five"
WORDs(6) = "Six"
WORDs(7) = "Seven"
WORDs(8) = "Eight"
WORDs(9) = "Nine"
WORDs(10) = "Ten"
WORDs(11) = "Eleven"
WORDs(12) = "Twelve"
WORDs(13) = "Thirteen"
WORDs(14) = "Fourteen"
WORDs(15) = "Fifteen"
WORDs(16) = "Sixteen"
WORDs(17) = "Seventeen"
WORDs(18) = "Eighteen"
WORDs(19) = "Nineteen"

tens(2) = "Twenty"
tens(3) = "Thirty"
tens(4) = "Fourty"
tens(5) = "Fifty"
tens(6) = "Sixty"
tens(7) = "Seventy"
tens(8) = "Eighty"
tens(9) = "Ninety"

FIGURE = amt
FIGURE = Format(FIGURE, "FIXED")
FIGLEN = Len(FIGURE)

If FIGLEN < 12 Then
FIGURE = Space(12 - FIGLEN) & FIGURE
End If

If Val(Left(FIGURE, 9)) > 1 Then
SpellNumber = "Ringgit Malaysia : "
ElseIf Val(Left(FIGURE, 9)) = 1 Then
SpellNumber = "Ringgit Malaysia "
End If

For i = 1 To 3
If Val(Left(FIGURE, 2)) < 20 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 2)))
ElseIf Val(Left(FIGURE, 2)) > 19 Then
Ntow = Ntow & tens(Val(Left(FIGURE, 1)))
SpellNumber = SpellNumber & WORDs(Val(Right(Left(FIGURE, 2), 1)))
End If

If i = 1 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & " Crore "
ElseIf i = 2 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & " Hundred "
ElseIf i = 3 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & " Thousand "
End If
FIGURE = Mid(FIGURE, 3)
Next i

If Val(Left(FIGURE, 1)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 1))) + " Hundred "
End If

FIGURE = Mid(FIGURE, 2)

If Val(Left(FIGURE, 2)) < 20 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 2)))
ElseIf Val(Left(FIGURE, 2)) > 19 Then
SpellNumber = SpellNumber & tens(Val(Left(FIGURE, 1)))
SpellNumber = SpellNumber & WORDs(Val(Right(Left(FIGURE, 2), 1)))
End If


FIGURE = Mid(FIGURE, 4)


If Val(FIGURE) > 0 Then
SpellNumber = SpellNumber & " And Cents "
If Val(Left(FIGURE, 2)) < 20 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 2)))
ElseIf Val(Left(FIGURE, 2)) > 19 Then
SpellNumber = SpellNumber & tens(Val(Left(FIGURE, 1)))
SpellNumber = SpellNumber & WORDs(Val(Right(Left(FIGURE, 2), 1)))
End If
End If
FIGURE = amt
FIGURE = Format(FIGURE, "FIXED")
If Val(FIGURE) > 0 Then
SpellNumber = SpellNumber & " Only "
End If
End Function


Is there a way to force Excel to stop calculating a formula?
Excel showing "Not Responding" and is grayed out. I've tried to use Task Manager to stop the application, but as soon as open up Excel it goes right back to opening the spreadsheets and starts calculating again. I have spreadsheets saved, so don't have to recover.
thanks...Dean


either after you've hit F9 or when automatically calculating upon opening?


I have a list of 5 buildings each with different unit counts, and an average price sold for each building. How can I get the average price of all units sold?

A B
312 $1000
54 $1010
35 $1835
32 $1028
53 $1937


Hi,
I have a figure 4,929,524,832 in excel. I want excel to automatically covert this figure into millions/billions/trillions. I tried through 'format cells' but there was no option for this.

Any help?

Roy


HELP!!

I need to know the formula (if there is one) for Excel to figure all the possible combinations of a given set of numbers that will add up to a specified sum.

In other words, if I give the following numbers 1, 2, 2, 3, 3, 4, 5, 5, 6, 7, 7 - I want Excel to figure all the possible combinations that will add up to 23, and also SHOW ME those combinations, and not just HOW MANY combinations there are.

i.e. one possible combination is 2, 2, 3, 4, 5, 7

Can this be done? What is the formula? I'm having a hard time figuring it out!!

Desperately,
Jenny


Hi

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?


I am trying to figure out how to write a formula to figure out production cycle time.
We will be building 8 "widgets" a day.
We will work 10 hours a day.
There is a 20 minute break at 9:20 am.
Production shuts down for lunch 30 minutes for lunch at 12:30.
Production starts at 6:00 am.
Here is what I can do.
Production cycle time = (10*60)-30/8 or 71.25 minutes
If we start at 6:00 am, the first scheduled cycle completion time = TIME(6,0,0+71.25/1440)

My problem is when I am trying to use a logical "IF' statement to account for the 20 minute break or lunch and still calculate the end of each cycle time through the day I receive a number of error messages.
This is the formula I am trying to make work. I have the cell the formula is in, formatted with a "mm,ss" format.
=(IF(D4+G1/1440>9:20,(D4+G1)/24,(D4+G1+15)/1440))
I have included an attachment to help (a picture is worth a thousand words).

Any help will be greatly appreciated.
I have bought a number of books in an attempt to figure this out, and I am still stumped


On my calculator, if I divide 462,534.05 by 335 I get 1,380.70. Then if I times 1,380.70 by 335 I get 462,534.50. Which is what I need it to be because I need to calculate the difference of a figure not dividing equally.

On excel, if I divide 462,534.05 by 335 I get 1,380.70. Then if I times 1,380.70 by 335 I get the SAME result of 462,534.05.

I have to account for the difference of not dividing equally so there is some format or accounting function that's preset that I don't want but I have no idea how to fix it or format my excel sheet to calculate as my calculator would.

Please can someone help? Thanks!


Hello,

Please help!!!
We have a client who will pay using the 1/4, 1/2/ and 3/4 of an hour increments as follows:

From the hour mark to 6 minutes = 0 time paid
Over 7 minutes to 15 minutes = 1/4 hour 15
16 minutes to 30 minutes = 1/2 hour 30
30 minutes to 45 minutes = 3/4 hour 45
46 minutes to 60 minutes = one hour.

They work on shifts and the operation is 24 hours. Each gets 30 minutes for breaks which is not paid. Pay is biweekly and overtime is anything over 40 hours. Currently, the template we are using looks like this (sorry, I could not figure out how to paste it so you can see it in Excel layout):
WEEK 1 Sunday Monday Tuesday Wednesday Thursday Friday Saturday
5/16 5/17 5/18 5/19 5/20 5/21 5/22
TIME IN ENTER TIME, INCLUDE AM OR PM
TIME OUT
TIME IN
TIME OUT
TIME IN
TIME OUT
TIME IN Total Hours First Week
TIME OUT
HOURS WORKED-OR- choose one
*HOLIDAY WORKED
PAID HOLIDAY (not worked)
*OTHER PAID HOURS
EXPLANATION OF *HOLIDAY WORKED HRS OR *OTHER

I am very new to Excel and need help creating a formula that will allow us to calculate this timesheet? I am in desperate need for help.

Thanks..


Hi, I'm trying to get some macros to combine data from two open workbooks, and I can't figure out the commands to switch from the active workbook to the other open workbook and back. I'm new to VBA and just learning the ropes. All I can figure out is how to switch to another workbook with an exact name. If I record the macro to go to a recent file, for example Window > 1 (filename), the code that I get in VBA is Windows("filename").Activate. This doesn't translate to when I have two different workbooks with different filenames open.

Make sense? I'm a bit confused myself. Maybe just a list of basic workbook-switching techniques or commands would be useful.

- Michael


Right now I have a sports league with 8 teams, I'd like to create a random 7-game schedule where each team plays the other team only once. Essentially this will be a 7-game round robin. However, I'd like to be able to use this for any number of teams and games.

I'd like to do this in Excel, but I can't figure out how to have a randomly generating non-repeating macro with text values in cells.

So right now I have a column of 8 values and need matrix of 7 columns by 8 rows next to it.

I've found this thread that has one for numbers, but I can't figure out how to do it for text values...

http://www.excelforum.com/excel-prog...m-numbers.html

Thanks all!


Hello from sunny Madrid

I have created a complex formula to help me calculating Golf handicaps for players.


The formula is in the first cell and I want to drag the formula across to the right to cover the 18 holes.

But ALL the values change and I want some to change and some to stay constant.



How do I tell excel to drag the formula across but keep certain parts of the formula the same..ie ....=D11.... in the formula when dragged across doesn't go D12,D13;D14 in each cells formula and should stay as D11 for all.

Many thanks for your help

Ole


A previous poster explained what I also need; there were no responses,
so I thought I would try again.

Does anyone know of an Excel template--or a small stand-alone
program--that will calculate the interest/principal breakdown when
payments are varied in amount and frequency? Free or low-cost, please.
I need one that will work on my Mac/Office 2004. I will need to print
out periodic reports.

Here is the way the previous poster described it:
"Excel template: Loan Amortization for random/irregular payments,
figures days
between payment dates.
I have a loan with a variable beginning balance and irregular payments
with
annual large payment. (based on collections)
Would like to enter payment and date.
then Excel would figure days since last payment, interest amount,
principal
amount, Ending Principal balance.
And total interest paid, total pricipal paid
If I change the starting principal, excel would recalculate all
entries."

Thanks very much.




Great tip! But one thing: On my machine (Excel 2008 Mac), the values in the formula cell are not correctly calculated simply by dragging. Instead, the values are equal to the cell above (the first entry formula value). To get the correct value, I need to click in the formula bar and then hit enter. (I only discovered this after an hour of tinkering, figuring I had botched the formula!)

Are there any ways around this so that it updates upon dragging the formula?


I'm looking for a formula that pulls the text from a cell unti it hits a space.

I'm using the formula below but keep getting #VALUE results


B1: =LEFT(A1,FIND(",",A1,1))


I know it's not that hard but can't figure it out.

thanks for the help

max


I am attempting to figure out how to change the formula to automatically subtract a 30 minute lunch if the total time for the day exceeds 6 hours worked.

B value Time of day punch in: 9:30 AM
C value =IF(D11="","","-")
D value Time of Day punch out: 6:00 PM
E value =IF(D11="","",IF(D11

Hi,

I would like to send SMS from a VBA macro to my mobile phone. Do anyone know how to do this?

I am ready to pay a cost per SMS if necessary.

(I asked the same question at another Excel forum without getting any reply.)