Google Spreadsheet Post #1941
Yogi Anand, D.Eng, P.E. ANAND Enterprises LLC -- Rochester Hills MI www.energyefficientbuild.com. Apr-10, 2015
question by Alex Staples:
https://productforums.google.com/forum/#!category-topic/docs/spreadsheets/hlroyrsqFX4
How to formulate a selling price based on a desired specific profit range
My sample doc attached:
I have been trying to work on this and can't quite figure out how to get this to work right
https://docs.google.com/ spreadsheets/d/ 1ZXdRt19o8D0ez0SfKX_ XsEbpnrd7yi0SU_v5GcNqYDw/edit? usp=sharing
If we were to be only working off of ROW 8 which has a TOTAL COST OF 201.59 (H) I am trying to see what formula to use to in (J - N) that would tell me what I need to sell my product for to gain the profits shown in J7 - N7
A contributer gave me the formula " =index(H8:H/(1-13%)+iferror(r egexextract(J7:N7,"(\d+) Profit"))) " which gives me an accurate answer in column J, but kinda messes up the rest of the columns. plus i think i read that regexextract is for text not numbers.
The answer in K should be something like $237.47 because that would leave me my total cost + $5.00 after a 13% deduction L answer should be 243.21 leaving me with 10$ after fees and my cost ... etc
basically i need it to say something like [x = column J -N] then (x - 13% = (column H + "desired profit"))
i hope that makes sense.
If you were to say it in your head it would make sense.... "what minus 13% would give me a $5, $10, $25, or $50 profit over my cost" i need a formula that tells me what "what" is lol. thanks so much i know i posted this earlier but did not want it to get buried. I appreciate the contributors time and effort.... thanks.
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