Hope someone can help me with this one. So easiest way to describe it would be, imagine I want to increase my sales price of my apples. Apples vary in cost so I have hundreds of different rates for these apples. I want to increase the price of the apples if the electricity for the building goes up so I know my base sales price for the apples and I know my base electricity cost per unit for the building.
If the price of the electricity goes up from the base rate by 3 pence per unit I want to increase the price of my apples by 1% across the board. this rate would fluctuate so if the price of electricity goes down by 3 pence the sales price goes down 1%. if the price goes up by 6 pence then rate increase would be 2% and so on.
So base cost = 100 base sale price = 10.00 IF base cost is 101 new sale price = 10.30
Any help or advice would be much appreciated.
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