A simple formula for pricing

**agent46** · 12-13-2012, 09:18 PM

Hello fellow Excel users,

I'm a basic excel user and am now pushing into the area of using formulas for a data matrix I'm building at work. I'm not a math guy and can't find ready-made formulas for what I want to do. Hoping someone can guide me a bit here.

I have three price columns: List (G), Cost (H) and Sale (I).

I need to calculate I.

The formula would be: I = H +46%.

If the result I > G, then I would determine I with the formula I = G-5%.

It's simple enough with a calculator, but I'd like to build this into my spreadsheet. Any help would be very appreciated.

All the Best,
agent46

**FDibbins** · 12-13-2012, 09:25 PM

try this...
=if(H1*1.46>G1*.95,G1*.95,H1*1.46)

(Hope I got that the right way round, if not swap them)
it it based on a very basic if() statement, the sytax for that is..
=if(criteria-to-test,what-to-do-if-test=TRUE,what-to-do-if-test=FALSE)

**agent46** · 12-19-2012, 07:18 PM

Thanks for your assistance.

**FDibbins** · 12-20-2012, 01:58 AM

Based on your last post it seems that you are satisfied with the solution(s) you've received but you haven't marked your thread as SOLVED. If your problem has not been solved you can use Thread Tools (located above your first post) and choose "Mark this thread as unsolved".
Thanks.

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