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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.
Without the lease being charged back in extra percentage to compensate for the lease.
Hope this makes sense
Thanks in advance
Bill
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