Price Point Rounding

Mar 5, 2010

the rate and inventory management system my hotel uses rounds up to the next .95 currently. Most rates are based upon a 'Rack Rate' in the form of a discount percentage. So, if the Rack Rate is $129.95 and the AAA discount is 20%, the resulting $103.96 rate is rounded up to $104.95. I'm trying to fix my spreadsheet to account for the various rates and discount percentages of several different types of discounts.

I've tried a couple rounding methods:

=ROUNDUP(B$30*(1-B32),0)+0.95 which returns the correct value only when the value to the right of the decimal point is .96-.99

=ROUNDDOWN(B$30*(1-B32),0)+0.95 which returns the correct value only when the value to the right of the decimal point is .00-.95

=CEILING((B$30*(1-B32)),0.95) which returns some odd bits, sich as .85 and .50

So, is there a way to get Excel to shift the rounding base point from zero to .95? Or some other way to accomplish this?

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Currently...
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Debugger is highlighting

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[url]

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