Hi All,
Having difficulty creating a formula to calculate the following...
I have a cost analysis form that calculates a profit margin (percentage) in cell S9 based on a lot of costs. I am looking to implement a formula in cell T9 that will find a number that results in the percentage in S9 in being 20%...
Formula in Margin column S9 is "=SUM(T9/I9)*100"
S9 - Margin %
T9 - Profit Value £
I9 - Cost Price £
Maybe if the formula scrolls through increments of 0.01 until S9 equals 20???
Everything I have tried seems to result in an error...PLEASE HELP
Jamie
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