im putting together a business model and one of the functions im making is a calculator to determine sale price to equal a defined profit margin.
ive put together a formula to do this but i cant wrap my mind around how to put it into excel to give a nice simple solve for X
the equation im working on now is:
i can work this out on paper and it gives me an x value of 74.295. when i plug that into my calculator it returns me 0.40 (a 40% net profit margin), but the end user will be defining the profit margin so i need this to be dynamic.
can anybody help me plug this in to achieve this? im working on 2007 excel but programming for 97-03 compatibility
thank you guys so much
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