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Rounding Selling Prices Up to Two Price Points

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    Rounding Selling Prices Up to Two Price Points

    Hi, Can anyone point me to a formula that can round up my selling prices to end in 5.00 or 10.00 dollars?

    i.e. original price falls under the range from $zy0.01 to $zy5.00, formula will return a value of $zy5.00; original price falls within $z05.01 to $z10.00, formula will return a value of $z10.00

    Thanks in advance for any advice and suggestions!


    Johnny
    Manks HK

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    Re: Rounding Selling Prices Up to Two Price Points

    Try

    =CEILING(A1,5)
    Life's a spreadsheet, Excel!
    Say thanks, Click *

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    Re: Rounding Selling Prices Up to Two Price Points

    Just a different try.
    Attached Files Attached Files
    Please click 'Add reputation', if my answer helped you.

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    Re: Rounding Selling Prices Up to Two Price Points

    Hi Ramanan,

    Thx so much for your effort. However I noticed that when the input value is 5.00, the returned value is shown as 10. How can I modify it so it returns 5? Also when the input value is 10, output value becomes 15 which is not right.


    Rgds,
    Johnny
    Last edited by mankshongkong; 09-05-2013 at 10:05 PM.

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    Re: Rounding Selling Prices Up to Two Price Points

    Hi mankshongkong,

    A small modification is required. (I just added 0.01)

    Please try this file.
    Attached Files Attached Files

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    Re: Rounding Selling Prices Up to Two Price Points

    Hi Ramananhrm

    I have used the file you sent but not all results seem correct. Please see attached file.

    My excel file will consist of a column of product costs (C), then a column of selling prices (S) with cell values calculated by multiplying (C) with a markup factor and formatted to be a number with two decimal places. The final column selling price (F) will be a rounded up figure ending with 5.00 or 10.00

    I am looking for a formula to place in a the column (F), which if it works, can be dragged to the bottom of my file (which contains thousands of items) and save me from manually rounding up.

    Thanks so much for your effort!

    Rgds
    Johnny
    Attached Files Attached Files

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    Re: Rounding Selling Prices Up to Two Price Points

    I think you have modified the range (Marked in Blue).

    Please check this file.
    Attached Files Attached Files

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    Re: Rounding Selling Prices Up to Two Price Points

    Sorry I probably did. But I tried putting in a new value and the result do not seem right. Do we have to perhaps use the roundup / round down functions?

    Please check this file to see what I mean. By the way our selling prices can range from double-digit right up to 6-digits.

    Thx.
    Attached Files Attached Files

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    Re: Rounding Selling Prices Up to Two Price Points

    You have to drag the lookup range & modify the formula range.
    Attached Files Attached Files

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    Re: Rounding Selling Prices Up to Two Price Points

    Sorry ramananhrm, do you mean I have to do it for every new value?

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    Re: Rounding Selling Prices Up to Two Price Points

    Set a maximum lookup range which you think if its the last number & modify the vlookup range.

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    Re: Rounding Selling Prices Up to Two Price Points

    Got ya. Trying it out now and many thx for your help ramananhrm!

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