I have a formula that I'm having an issue with.
Normal Formula is
Base Cost+Total Misc +((Base Cost+Total Misc)*Mark-UP %)+Mark-Up Amount = Total Cost
So
Base Cost = 27.08 (A)
Total Misc = .76 (B)
Mark-Up % = 1.5% (C)
Mark-UP Amount= 0 (D)
27.00 + .76 = 27.76
27.76 +(27.76*1.5%)Which is .42=28.18 (T)
There cannot be Mark-up % and Mark-up Amount at same time.
now I'm trying to work backwards. If I want a Total Cost of 28.08.
Someone gave me this.
A= T/(C+1)-B-D
But this is
16.19=28.08/((2.5)-.76-0) 1.74
should have a New Base cost of 26.90
26.90 +.76+.42=28.08
Normal Formula is
Base Cost+Total Misc +((Base Cost+Total Misc)*Mark-UP %)+Mark-Up Amount = Total Cost
So
Base Cost = 27.08 (A)
Total Misc = .76 (B)
Mark-Up % = 1.5% (C)
Mark-UP Amount= 0 (D)
27.00 + .76 = 27.76
27.76 +(27.76*1.5%)Which is .42=28.18 (T)
There cannot be Mark-up % and Mark-up Amount at same time.
now I'm trying to work backwards. If I want a Total Cost of 28.08.
Someone gave me this.
A= T/(C+1)-B-D
But this is
16.19=28.08/((2.5)-.76-0) 1.74
should have a New Base cost of 26.90
26.90 +.76+.42=28.08