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How to calculate a price using goal seek?

  1. #1
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    09-14-2011
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    How to calculate a price using goal seek?

    I have a problem using goal seek! Enclosed file is showing our GM calculations for a given product. To calculate our GM a dicount and bonus is deducted from the Gross price and freight costs (calculated as a percentage of Gross price after discount) are added to the purchase price. What I would like is to be able to calculate the Gross price (yellow cell) when all the already known data (green cells) are keyed in and the GM is the target (red cell). This means I would like to key in a new GM, f.ex. 45%, and then receive the new Gross Price.....

    Thanks a lot for your help in advance
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    Last edited by karo3440; 10-25-2011 at 03:33 AM.

  2. #2
    Forum Moderator zbor's Avatar
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    Re: Goal seek

    Please read and adhere to these simple rules!

    1. Use concise, accurate thread titles. Your post title should describe your problem, not your anticipated solution. Use terms appropriate to a Google search. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will be addressed according to the OP's experience in the forum: If you have less than 10 posts, expect (and respond to) a request to change your thread title. If you have 10 or more posts, expect your post to be locked, so you can start a new thread with an appropriate title.

    To change the title of the thread, click EDIT on the original post, then click the Go Advanced button, then change the title. If two or more hours have passed, the EDIT button will not appear, and you need to ask a moderator to change the title.

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