Generate formula to calculate sell price with respect to buy price, buy& sell out fees and desired profit margin percentage (changing variable)

Briefshallot8004

New Member
Joined
Jul 21, 2024
Messages
1
Office Version
  1. 365
Hi I’m currently doing trading and I want to generate a formula that will help me determine what the sell price should be to achieve a desired profit margin percentage with respect to the following variables:

Cost price: (changing variable)
Buy fee: 0.1% (fixed variable)
Sell fee: 0.1% (fixed variable)
profit margin percentage (changing variable - 1%, 2%, 3% etc)
Sell price: (desired figure)
 

Excel Facts

Is there a shortcut key for strikethrough?
Ctrl+S is used for Save. Ctrl+5 is used for Strikethrough. Why Ctrl+5? When you use hashmarks to count |||| is 4, strike through to mean 5.
Buy fee: 0.1% (fixed variable)
Sell fee: 0.1% (fixed variable)
How should these percentages be applied? Compounded or directly to the cost price?
e.g. for an item with a buy cost of $100, should it be 100(1+0.001)(1+0.001) or 100(1+0.001) + 100(1+0.001)?
 
Upvote 0

Forum statistics

Threads
1,223,887
Messages
6,175,199
Members
452,617
Latest member
Narendra Babu D

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top