Hello,
I am trying to figure out the formula for calculating retail price if I have the cost and margin (%)/
Example:
cost is $10.00 (known figure)
Markup is : 40% (known figure)
Retail should be: 16.66
Thanks JR
Hello,
I am trying to figure out the formula for calculating retail price if I have the cost and margin (%)/
Example:
cost is $10.00 (known figure)
Markup is : 40% (known figure)
Retail should be: 16.66
Thanks JR
If I understood your question correctly, this should work:
=COST/(1-MARKUP)
Thank you for the help
JR
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