Need some help a formula Please

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Jan 26, 2007
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I have cost of $100.00, I need a 10% profit = $110.00. total selling price.

I have a 35% lease agreement that reduces $110.00 to $71.50.

I have tried to merge these two formulas to accomplish, a formula that will tell me what profit I need to make for my total selling price, to be the same after the lease deducted.

Code:
 =SUM(111.11-100)/100

Code:
 =SUM(100*0.1+100

Without the lease being charged back in extra percentage to compensate for the lease.

Hope this makes sense

Thanks in advance
Bill
 
Peter_SSs:

You didn't misunderstood, you got it I forgot to divide my cost to get it to a percent.

Thank You

Also thank you kweaver for your help.

problem solved
 
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Excel Facts

Which came first: VisiCalc or Lotus 1-2-3?
Dan Bricklin and Bob Frankston debuted VisiCalc in 1979 as a Visible Calculator. Lotus 1-2-3 debuted in the early 1980's, from Mitch Kapor.

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