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Percentage Margin Formula

  1. #1
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    Percentage Margin Formula

    Hi there

    I've almost got no hair left trying out formulas for this, hope someone can help!

    1. Setting a percentage margin to set the sale value

    example

    Cell B19 is cost (value is filled in)
    Cell B20 is selling price (value not filled in)
    Cell B21 is percentage I want to put in to change the B20 value (for example 30% profit margin)

    I need to know what needs to go in B21 to for it to show up as a % and what needs to go into B20 for it to automatically fill in the sale price

    2. Percentage Margin

    example

    Cell B19 is cost (value is filled in)
    Cell B20 is selling price (value filled in)
    Cell B21 is percentage increase in cell B21 (value not filled in)

    B21 needs to show up as a % so I can see what the margin in

    Thank you for your time

  2. #2
    Forum Expert shg's Avatar
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    Re: Percentage Margin Formula

    Welcome to the forum.

    Please Login or Register  to view this content.
    Entia non sunt multiplicanda sine necessitate

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    Re: Percentage Margin Formula

    Hi Shg

    Thanks for your reply & welcome

    I tried the example 1

    however when I enter 40% in the cell B21 it automatically changes the value to £0.41 insted of showing 40%

    and when I put the formula in B20 it gives an circular reference warning and puts in the value as £0.00

    My table is set as below:

    A- B
    19 Cost ___________ £54
    20 Sell Price_______ ?
    21 Margin_________ 40% ( however when I put in 40% it sets to £0.41 automatically)
    Last edited by GRS123; 10-13-2010 at 08:25 PM.

  4. #4
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    Re: Percentage Margin Formula

    See attached.
    Attached Files Attached Files

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    Re: Percentage Margin Formula

    Hi

    Try the attached spreadsheet. Hope it helps.
    Attached Files Attached Files

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    Re: Percentage Margin Formula

    Thank you so much

  7. #7
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    Re: Percentage Margin Formula

    Sofistikat,

    Margin = (price-cost)/cost


    If you sell something for $100 that cost $70, you have 30% margin.

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    Re: Percentage Margin Formula

    Shg, if your price is $100, and your cost is $70, then (price-cost)/cost => (100-70)/70 = 42.8%, not 30%.

  9. #9
    Forum Expert shg's Avatar
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    Re: Percentage Margin Formula

    Sorry, my bad.

    Margin = (price-cost)/price = 1 - cost/price, as in the formulas in my example.

    Your number is markup, not margin.

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    Re: Percentage Margin Formula

    Right you are.....margin is a function of price, and mark-up of cost. Sorted.

  11. #11
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    Re: Percentage Margin Formula

    Quote Originally Posted by Sofistikat View Post
    Hi

    Try the attached spreadsheet. Hope it helps.
    Thank you very much Sofistikat!!

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