Mulitplying Hours by Currency

[davidcrawt]

I have a formula which is using the 1904 system to calculate HH:MM.

The result each time is a figure such as 1:00

When I multiply this by 6.50, the answer is 0.27, why is it not 6.50?

[Pepe Le Mokko]

You have to first multiply by 24 to get a decimal value of an hour. Something like =A1*24*6.50

[sweep]

Hi,

1 Hour is 1/24 of a day, the unitary measure of time in excel.

If you modify your formula accordingly, you should get the correct result.

=1:00*24*6.5