Thanks in advance for any help offered. I need an Excel formula that will tell me my sales price if I know my cost and desired margin. I have searched for hours and tried several suggested formulas, but none of them work. Here is an example of what I need:
My cost is $11.23,
I need to achieve a margin a 35%
What would my sell price be?
(Note, I know the answer is $17.28 because I have a margin calculator on my adding machine. I just can't get any formula to give me $17.28 when I plug it into Excel.
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