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How do I work out the sell price from cost, desired margin and success fee?

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    Question How do I work out the sell price from cost, desired margin and success fee?

    Hi.

    For example something costs me $128. What price do I need to sell it for to make $100 profit after taking into account the success fee on the sale price of 7.9% ??

    Im trying to create a formula in excel where:
    C5 is the cost price (in dollars)
    D5 is my desired profit that I want to make (in dollars)
    E5 is where I need the formula to work out what I need to sell this for to make D5 after 7.9% fee is taken out (in dollars)


    Thanks.
    Last edited by westnz; 05-17-2016 at 04:09 AM.

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    Re: How do I work out the sell price from cost, desired margin and success fee?

    Not a finance expert .....

    in F5

    =(C5+D5)/(1-E5)

    Where E5 is your fee %

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    Re: How do I work out the sell price from cost, desired margin and success fee?

    Quote Originally Posted by JohnTopley View Post
    Not a finance expert .....

    in F5

    =(C5+D5)/(1-E5)

    Where E5 is your fee %
    You sir have saved whats left of my hair lol

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