Hi, i've been asked to remove a commission amount from a figure to bring it to net, then add in a different commission amount.
I can work out all individually but i'm struggling to put it all into one formula so some help would be great!
The numbers i have at the moment are as follows;
Gross rate 1.08
Commission as decimal 1.225
Calculation to get to net = 1.08/1.225
=0.882
Then the following;
Net rate - 0.882
New commission amount - 1.08
Calculation to get to new amount = 0.882*1.08
How do i put these two calculations into one formula that can be dragged across multiple cells?
I can work out all individually but i'm struggling to put it all into one formula so some help would be great!
The numbers i have at the moment are as follows;
Gross rate 1.08
Commission as decimal 1.225
Calculation to get to net = 1.08/1.225
=0.882
Then the following;
Net rate - 0.882
New commission amount - 1.08
Calculation to get to new amount = 0.882*1.08
How do i put these two calculations into one formula that can be dragged across multiple cells?