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can someone help me with an excel formula please?
Lets say in column A i have a buying price of £0.50 and column B i have a selling price of £1.00. That equals a 100% increase.
I have two columns full of prices and i want the third column to automatically tell me what the mark up is (or price increase) - I dont know how to a)calculate the fomula and b) put it onto excell cell.
Help please!
Thanks in advance!
Neil
____________________________________
No Humping Stormtroopers here.......
RE: can someone help me with an excel formula please?
You can format column C as a percentage and then use the following formula in column C:
=(B1/A1)-1 for row 1
=(B2/A2)-1 for row 2
...etc
Hope that helps
Richard
This item was edited on Friday, 24th June 2005, 12:38
RE: can someone help me with an excel formula please?
Column A = Buying Price
Column B = Selling Price
Column C = Profit ?
If that were the case, then you could type the following directly into Column C, or wherever you want the formula to show
=sum(B2-A2)
B2 and A2 being the cell locations
Let me know if thats what your after, I can try and help you some more if you want.
Whoops, looks like someone else beat me to it - i`d go with theirs because i might be wrong!
This item was edited on Friday, 24th June 2005, 12:41
RE: can someone help me with an excel formula please?
Hi Rich,
I tried wht you said and the figure comes out as a "0.88" - that tells me i have an 88% mark up on that item which is correct but how do i `format it as a percentage` i.e tell me in a % as opposed to me having to translate from a decimal figure.
Hope this makes sense!
Neil
____________________________________
No Humping Stormtroopers here.......
RE: can someone help me with an excel formula please?
You should just be able to highlight the cell and click the % button. If you send me your email address I can send you a sample spreadsheet.
If you can`t find the % button, just right click in the cell and choose format cells and on the number tab select percentage.
You can then drag the formula down to save duplication.
RE: can someone help me with an excel formula please?
the first one was bollocks. I had a bit of a brain fart.
It is actually quite simple, i was just being a dumbass.
you need 4 columns (cells denoted in brackets)
(a1)original price - (b1) selling price - (c1)difference - (d1)percentagemarkup
The column C1 would need a formula of
=B1-A1
Column D1 would need the formula
=(C1/A1)*100
then you just select the corner of the cell marker and drag it down so it autofills the formulas for the rest of the table.
Hallelujah.........
I thought I was going mad for a minute there. I do this kind of crap every day too....
What im listening to (if youre interested)
This item was edited on Friday, 24th June 2005, 13:17
RE: can someone help me with an excel formula please?
Nick - That wouldn`t work out the mark up percent.
RE: can someone help me with an excel formula please?
Rich is correct.
This item was edited on Friday, 24th June 2005, 13:07
RE: can someone help me with an excel formula please?
You could do it Nick`s way but you`d still need to include -100 to get the right figure (this way wouldn`t show a percentage sign though).
I`d always stick with my original answer just so it looks nicer in terms of formatting.
RE: can someone help me with an excel formula please?
Nick - I just liked the original comment about simple maths - made me laugh (not meaning to cause offence).