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Solver, goal seek or more simple formula

  1. #1
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    Solver, goal seek or more simple formula

    Hi
    I wondered if someone could help - what formula i would use to calculate the attached

    I have costs of £433 I want to work out what fee I should charge that will achieve the costs exactly after 15% has been deducted from the fee?

    Sorry it sounds a bit simplistic but cant work it out

    Thanks in advance
    Attached Files Attached Files

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    Forum Contributor jayajaya_4's Avatar
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    Re: Solver, goal seek or more simple formula

    hello

    I am not sure but as far as I think it would be 64.95

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    Re: Solver, goal seek or more simple formula

    Thanks Im looking for what formula I would use to calculate the fee to be charged so that after 15% commission is deducted that the £433 costs are covered exactly

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    Re: Solver, goal seek or more simple formula

    Algebra first, then programming:

    Assuming your formula is cost=charge-0.15*charge, simply solve the equation for charge. If your algebra is rusty, review this: http://www.purplemath.com/modules/solvelin3.htm
    Quote Originally Posted by shg
    Mathematics is the native language of the natural world. Just trying to become literate.

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    Forum Moderator zbor's Avatar
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    Re: Solver, goal seek or more simple formula

    Your post does not comply with Rule 1 of our Forum RULES. Your post title should accurately and concisely describe your problem, not your anticipated solution.

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    Re: Solver, goal seek or more simple formula

    And..............

    Welcome to the Forum, unfortunately:

    This is a duplicate post and as such does not comply with Rule 5 of our forum rules. This thread will now be closed, you may continue in your other thread.

    Thread Closed.
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