Hi all,
I have a worksheet that I am developing to help managers in my company make pricing decisions. I have started with a sheet wherein for each product code I am given the cost, cost factor rebate (CFR) (expressed as the inverse of the percentage rebate, eg. a 2% rebate is expressed as "98") and the trade price.
In my company managers can make pricing decisions in three ways; they can either A: set a nett price, B: a % discount off trade price, or C: a % margin price. I have created an additional column for each of these and would like to make it so that whichever of these the user inputs a value into will automatically adjust the values of the other two accordingly.
The formulas that I need to make this work are:
"nett price" =(cost+((100-CFR)/100))/(1- % margin)
"% discount off trade" =(trade price-nett price)/100
"% margin" =(nett price-(cost+((100-CFR)/100)))/nett price
My problem is similar to that previously answered here, however I have unfortunately been unable to modify the code to work for my application.
Hopefully the attached example helps.
Thank you for taking the time to read this, any help would be greatly appreciated.
I have a worksheet that I am developing to help managers in my company make pricing decisions. I have started with a sheet wherein for each product code I am given the cost, cost factor rebate (CFR) (expressed as the inverse of the percentage rebate, eg. a 2% rebate is expressed as "98") and the trade price.
In my company managers can make pricing decisions in three ways; they can either A: set a nett price, B: a % discount off trade price, or C: a % margin price. I have created an additional column for each of these and would like to make it so that whichever of these the user inputs a value into will automatically adjust the values of the other two accordingly.
The formulas that I need to make this work are:
"nett price" =(cost+((100-CFR)/100))/(1- % margin)
"% discount off trade" =(trade price-nett price)/100
"% margin" =(nett price-(cost+((100-CFR)/100)))/nett price
My problem is similar to that previously answered here, however I have unfortunately been unable to modify the code to work for my application.
Hopefully the attached example helps.
mrexcelexample.xlsx | |||||||||
---|---|---|---|---|---|---|---|---|---|
A | B | C | D | E | F | G | |||
1 | Product Code | Cost | Cost Factor Rebate | Trade Price | % Discount off Trade | % Margin | Nett Price | ||
2 | ABC123 | 1104.15 | 98 | 1363.15 | 0.000% | 0% | $ - | ||
Sheet1 |
Cell Formulas | ||
---|---|---|
Range | Formula | |
E2 | E2 | =(D2-G2)/100 |
F2 | F2 | =(G2-(B2+((100-C2)/100))) |
G2 | G2 | =(B2+((100-C2)/100))/(1-F2) |
Thank you for taking the time to read this, any help would be greatly appreciated.