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Reverse Savings Formula

  1. #1
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    Reverse Savings Formula

    Hi All,

    Savings is determined by

    Savings/(Spend + Savings)

    In simple

    Spend 1200
    Savings 211.8

    = 211.8/(211.8+1200)
    =15%

    My issue is if I have the spend of 1200 and I am told savings is 15% how to I get a formula to advise the savings amount of 211.8

    Jezza

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    Forum Moderator AliGW's Avatar
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    Re: Reverse Savings Formula

    15% of 1200 is not 211.80 ...
    Ali


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    Valued Forum Contributor mohan.r1980's Avatar
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    Re: Reverse Savings Formula

    hi jezza25,

    Find attached file with sample
    Attached Files Attached Files

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    Re: Reverse Savings Formula

    Quote Originally Posted by AliGW View Post
    15% of 1200 is not 211.80 ...
    No, but it is 15% of 211.8+1200

    However, I dont see how the formula would be Savings/(spend + savings) ??

    I would have thought it would be more something like...
    savings = income-spend?
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    Administrator FDibbins's Avatar
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    Re: Reverse Savings Formula

    Quote Originally Posted by mohan.r1980 View Post
    hi jezza25,

    Find attached file with sample
    Sorry for off-topic interjection:

    Although there is no official rule regarding this behavior, we request that wherever possible both the question AND the answer be provided in substantive detail here within the thread. An attached workbook is an excellent aid for posing a question and offering a solution, but solely doing that with no in thread explanation makes it difficult for researchers to understand or consider the Q & A of this thread without downloading what may be a pointless doc to them, if they can do that at all. Doing that also hides the content from search engines so others may never benefit from this.

    I'm sure you understand, and we look forward to seeing you post your formulas/macros in your posts for the searching benefit of all.

    Thanks again for all your hard work here!

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    Re: Reverse Savings Formula

    OK let me put this into a retail perspective

    If I see a item for $140 and it has a sign saying 30% off, This would mean that the original price was $200 and the saving is $60

    In the above example I have the $140 product and the 30% saving how do I write a formula to get the saving of $60?

    Jezza

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    Administrator FDibbins's Avatar
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    Re: Reverse Savings Formula

    OK try this...
    =(140/0.7)-140

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