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Help with a formula

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  1. #1
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    Help with a formula

    Hi guys,

    I have a variety of products that i sell out to different agents at various levels of commissions. These range from a possible earning for the agents from 12%-30%.

    Is there a set formula that will take my initial buying price ie £100 and i wish to earn £5 regardless of whether the agent earns 12% or 30%.

    so an agent on 12% would buy from me at £119.32 and an agent on 30% would buy from me at £150

    any ideas

    cheers
    gif
    Last edited by gifford; 03-24-2009 at 11:35 AM.

  2. #2
    Forum Moderator zbor's Avatar
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    Re: Help with a formula

    here it is

    Buying price	Profit	Agebt fee	Selling price
    100	5	0,2	=(B4+C4)/(1-D4)
    
    Buying price	Profit	Agebt fee	Selling price
    £100,00	£5,00	20%	131,25
    Never use Merged Cells in Excel

  3. #3
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    Re: Help with a formula

    so simple yet so far away from me

    Thanks Zbor

  4. #4
    Forum Moderator zbor's Avatar
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    Re: Help with a formula

    Anytime.. don't forget to make thread [closed]

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