Calculating Price based on projected profit margin

Bassplaya7

New Member
Joined
Jul 2, 2010
Messages
14
I am using this current formula to calculate my profit margin on product I sell.

=(A8-B8)/A8

<table width="195" border="0" cellpadding="0" cellspacing="0"><col style="width: 45pt;" width="60" span="2"> <col style="width: 56pt;" width="75"> <tbody><tr style="height: 18pt;" height="24"> <td class="xl26" style="height: 18pt; width: 45pt;" width="60" height="24">Price</td> <td class="xl27" style="width: 45pt;" width="60">Cost</td> <td class="xl27" style="width: 56pt;" width="75">Percentage</td> </tr> <tr style="height: 12.75pt;" height="17"> <td class="xl25" style="height: 12.75pt;" align="right" height="17">$3.79</td> <td class="xl25" align="right">$2.00</td> <td class="xl24" align="right">47.23%</td> </tr> </tbody></table>
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?

<table width="195" border="0" cellpadding="0" cellspacing="0"><tbody><table width="195" border="0" cellpadding="0" cellspacing="0"> <col style="width: 45pt;" width="60" span="2"> <col style="width: 56pt;" width="75"> <tbody><tr style="height: 12.75pt;" height="17"> <td class="xl26" style="height: 12.75pt; width: 45pt;" width="60" height="17">Cost</td> <td class="xl27" style="width: 45pt;" width="60">Margin</td> <td class="xl27" style="width: 56pt;" width="75">Price</td> </tr> <tr style="height: 12.75pt;" height="17"> <td class="xl25" style="height: 12.75pt;" align="right" height="17">$2.00</td> <td class="xl28" align="right">45%</td> <td class="xl24"></td> </tr> </tbody></table></tbody></table>
 

Excel Facts

Which came first: VisiCalc or Lotus 1-2-3?
Dan Bricklin and Bob Frankston debuted VisiCalc in 1979 as a Visible Calculator. Lotus 1-2-3 debuted in the early 1980's, from Mitch Kapor.
Here you go:

<b>Excel 2002</b><table cellpadding="2.5px" rules="all" style=";background-color: #FFFFFF;border: 1px solid;border-collapse: collapse; border-color: #A6AAB6"><colgroup><col width="25px" style="background-color: #E0E0F0" /><col /><col /><col /></colgroup><thead><tr style=" background-color: #E0E0F0;text-align: center;color: #161120"><th></th><th>A</th><th>B</th><th>C</th></tr></thead><tbody><tr ><td style="color: #161120;text-align: center;">7</td><td style=";">Price</td><td style=";">Cost</td><td style=";">Margin</td></tr><tr ><td style="color: #161120;text-align: center;">8</td><td style="text-align: right;;">3.79</td><td style="text-align: right;;">2</td><td style="text-align: right;;">47.23%</td></tr><tr ><td style="color: #161120;text-align: center;">9</td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td></tr><tr ><td style="color: #161120;text-align: center;">10</td><td style="text-align: right;;">3.636364</td><td style="text-align: right;;">2</td><td style="text-align: right;;">45%</td></tr></tbody></table><p style="width:3.6em;font-weight:bold;margin:0;padding:0.2em 0.6em 0.2em 0.5em;border: 1px solid #A6AAB6;border-top:none;text-align: center;background-color: #E0E0F0;color: #161120">Sheet1</p><br /><br /><table width="85%" cellpadding="2.5px" rules="all" style=";border: 2px solid black;border-collapse:collapse;padding: 0.4em;background-color: #FFFFFF" ><tr><td style="padding:6px" ><b>Worksheet Formulas</b><table cellpadding="2.5px" width="100%" rules="all" style="border: 1px solid;text-align:center;background-color: #FFFFFF;border-collapse: collapse; border-color: #A6AAB6"><thead><tr style=" background-color: #E0E0F0;color: #161120"><th width="10px">Cell</th><th style="text-align:left;padding-left:5px;">Formula</th></tr></thead><tbody><tr><th width="10px" style=" background-color: #E0E0F0;color: #161120">C8</th><td style="text-align:left">=(<font color="Blue">A8-B8</font>)/A8</td></tr><tr><th width="10px" style=" background-color: #E0E0F0;color: #161120">A10</th><td style="text-align:left">=B10/(<font color="Blue">1-C10</font>)</td></tr></tbody></table></td></tr></table><br />
 
Upvote 0
What if cost is variable based on sales price? Eg. Credit card processing fees 2% of sales price.

Here you go:

Excel 2002
ABC
7PriceCostMargin
83.79247.23%
9
103.636364245%

<colgroup><col style="width: 25pxpx"><col><col><col></colgroup><thead>
</thead><tbody>
</tbody>
Sheet1

Worksheet Formulas
CellFormula
C8=(A8-B8)/A8
A10=B10/(1-C10)

<thead>
</thead><tbody>
</tbody>

<tbody>
</tbody>
 
Upvote 0

Forum statistics

Threads
1,214,522
Messages
6,120,022
Members
448,939
Latest member
Leon Leenders

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top