# Setting Sell Price To Specific Profit Margin?

Nov 29, 2012
I am looking for a formula which will calculate a sell price with 20% profit after taxes and costs. I need it to factor in a fixed shipping cost (eg £10), a 7.5% Amazon fee of the sell price, then 20% tax of the sell price. I currently have a formula which essentially does this but as I'm not good with Excel it requires me to input all the values every time which is not practical considering our large inventory.

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Jun 23, 2010

Is there an excel formula that can calculate a proposed selling price by entering a desired profit margin percentage and knowing the cost of goods sold?

I know that gross profit is calcualted by subtracting the cost of goods sold from the selling price and that the gross profit margin is calculated by dividing gross profit by the selling price..but not coming up with a way to back out a selling price by just knowing the cost of goods sold and entering a desire gross profit margin?

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Feb 3, 2014

I don't want to appear too expensive or give my products away. If I have a part that costs me £20.00 plus vat i.e £24.00. I have to include carriage £5.00 plus vat i.e £6.00. Ebay fees for car parts including PayPal is 10%. How much would I charge to retain 20% percent after all fees and charges and what formula would I use to make the calculator.

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Oct 17, 2013

This is the Case:

I Produce something with a €2000 cost price. this is variable.

I Sell it for lets say € 2500,- to someone this is also a variable.

That's makes a Profit of € 500,- on the sale. This is 125% revenue

Until here, no problem using a spreadsheet. but now the difficult part.

I have to split of the 25% margin over 2 persons. This has to be done as follow:

a. The first slice is 2,25 for Mr A

b. The second slice is 15,00 for MR B

c. The Third Slice is 2,75 for mr A

This divides 20 of the 25 % over 2 persons. Still 5% margin remains

The last 5 is devided as follow:

d. 85% for MR A

e. 15% for MR B

So in this case:

MR A receives: a:€45 + c:€55+ d:€85 = €185,-

MR B receives: b:€250 + e:€15 = €265,-

The tricky part is when the margin is less than 20%.

for example; If the margin is 14%. than only slice a. and a part of slice b. an be paid off. so in that case;

MR A receives: a:€45 + c:€0+ d:€0 = €45,-

MR B receives: b:€230 + e:€0 = €230,-

Any formula which calculates the revenue for MR A and B automatically based on only the cost and selling price.

A B

1 Cost price - €2000

2 Selling Price - €2500

3 MR A - €185,-

4 MR B -€265,-

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Dec 1, 2008

I need to work out the profit margin from goods i sell.

I have cost A2

Pack size A3

Net cost A4

Tax A5

Gross price A6

I need to work out the margin between A5 and A6.

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Jan 25, 2005

I have a price sheet for my store in Excel. I want to make the spreadsheet easy for my sales people to use to calculate differing profit levels. I'd like to embed a drop down box at the top (I can do that part) that they can select, say, 10%...20%...30% markup. I know how to do that basic formula. I don't understand how to link that formula to a number selected in a drop down box. I don't know how to make the prices change based on the value selected in the drop down box. I can't do vlookup because it's about 1500 lines long. Also, it doesn't have to be drop down box based--that's just the idea in my head. I tried just making a macro that would run when they hit the button, but when the macro runs it switches the focus back to the top, very annoying if you were looking at prices on cell D811.

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Sep 12, 2013

I need to develope a macro for Excel to calculate desired profit margin depending on our cost of each item. Here's the scenario.

A1: landing cost

If 0

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Aug 13, 2008

to formulate Excel formulas to obtain the average buy price and average sell price for me to do this futures trading. Thanks a lot. I downloaded the Htmlmaker to post the spreadsheet here to show the manual way to calcualte the average buy price and average sell price but when it is on html form, i clicked on the 'Please click this button to send the source into clipboard' button & then i paste into this thread. Is the way to make my spreadsheet appear here correct cause it cannot work.

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Jun 26, 2012

I'm using a spread sheet to determine what I should charge customers. I want to make at least $300 profit on every job. If my profit is not at least $300 then I must up my price until profit reaches $300. Currently I'm manually adding a percentage (Factor) to the original price until I reach $300 profit. In the image below:

A is the original price

B is the factor by which I multiply the original price to increase it

C is the new figure which is reached after multiplying (1+B2)*A2

D is the costs related to that job (I enter these manually on a separate sheet within the workbook)

E if the profit (C-D)

I use a factor in B because when I increase the price, then I have to increase several parts of the job by the same percentage so I multiply each part by this factor to increase the price of each by the same percentage.

Now what I would like to do is if E2.

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Jan 8, 2014

So I can easily put together a formula that maintains a consistent markup price across varying costs. Is there a formula that will give me a consistent gross margin % as I drag down a series of costs?

So if the cost is 158 a 42% mark up would be 224.36 but the Gross Margin % is only 29.58. I want to be able to hit a 42% mark up across the board.

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Sep 26, 2009

I have a sheet called "Richard" and i wish to assign a button so that when i click it, it goes straight to it.

I know how to make a button and assign the macro but i just need the code. So would be very grateful if somebody could help me with this or point me in the right direction.

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Mar 4, 2009

I have requirement wherein, I have to put filter conditions on two separate columns in the same sheet & putting hard coded value eg. "XYZ" in third column for this selected range. I am using macro autofilter but its giving me errors for multiple filters.

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Feb 27, 2007

The following code works fine

Application.Dialogs(xlDialogFindFile).Show

I would like to know if I can set it so when the dialogbox appears it starts at a folder located on my C drive

The default setting opens the dialog in MyDocuments

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Sep 5, 2012

I need J22 to multiply based on years in B22 AND increase 5% for each of those years (compounding) after two years (excludes year 1 from 5% increase). In addition the cell needs to remain blank if D22 is blank. B22 = 1, then the stockprice needs to remain the same, and only increase by 5% after year 1.

Currently...

B22 = a number of years indicated by the formula: =IF(A22="","",DATEDIF(A22,I3,"y"))

J22 =IF(ISNA(VLOOKUP(D22,stockprices,2,FALSE)),"",VLOOKUP(D22,stockprices,2,FALSE))

Example:

If J22 stockprice lookup is $1000.00, and the number of years listed in B22 is 6, then the reported value in J22 needs to be $1494.40.

Windows 7 Ultimate / Excel 2010

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Jun 9, 2008

I have calculated the implied volatility for different single options using the newton raphson method. But, I also need to calculate the implied volatility which minimizes the sum of squared differences between the observed market price and the model price for each day. I guess one needs to use vectors (jacobian matrix) to do this, but I do not know how to expand the code to be able to do this. Anyone have any idea how this can be done? I have attached the [code] I have used to calculate the implied volatility for one option.

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Feb 1, 2008

I want to match the quantities of buy and sell appearing the same line but in different columns based on FIFO. In case of mismatch, the excess quantity should be transferred to a new line below the same column in which there is a mismatch.

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Jan 17, 2014

I am not good at excel. I would like to split buy and sell orders from the live feed and updating when new feeds come in.

LIVE FEED

BUY/SELLQTYPRICE BUY QTY PRICESELL QTY PRICE

B 4150

S 6200

S 4300 CHANGE TO

B 3350 B 4 150

B 2180 B 3 350 S 6 200

S 2220 B 2 180 S 4 300

B 1120 B 1 120 S 2 220

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Jun 23, 2014

So i have many different list of items that i have supplied, pretty much shopping lists. I am now trying to create an inventory of my warehouse and i would like to see what i should buy more of and less of. is there a certain table or template or something i can plug in all my lists and have excel break down all the data and tell me whats what on all my info. i have about 45 different lists and each list has an average of about 150 line items.

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Jan 4, 2010

The analysis basically has 2 data components to it:

The 1st part, is a basic transaction list of shopping items bought through the year. Each transaction's shopping item also has the quantity of that item purchased at that time.

The 2nd part, is a pricing sheet for all the different types of shopping items. The pricing sheet has different prices for different quantities at which the item is purchased.

What I am trying to do is to find the relevant price for shopping item, which depends on not only what the item is, but also the quantity. In point form, it should follow the logic below:

1) Identify the item in the shopping list (worksheet 1) from the list of prices (worksheet 2)

2) Find quantity in the prices worksheet that is closest to the quantity in the shopping list (i.e. where the difference between the quantity on transaction list and the quantity on the pricing sheet is the least)

3) Pull the price for this "closest quantity"

I have uploaded a worksheet showing the structure of that data.

[url]

Is there some VB code I need to do this, or can it just be a few simple formulas?

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Mar 21, 2014

Salesman

Sales Amount

Introduced by

sales

introduced

sales

indirectly introduced

sales

Tom

300

none

Tom

300

[Code] ........

I have salespeople who I want to pay a bonus to but I've also offered them a bonus on how much the salesmen they referred to the company sell and this goes like a pyramid down 3 levels.

so I have a list of salesmen next to there name is how much they have sold then who introduced them. from this I need to make a list of each salesman and below all the people he introduced and the people they introduced with the sales in the cell next to them.

To show how it could look I've done an example above of the information I need for tom, as you can see all the data is in the first 3 columns and tom needs to show that he introduced bob & Sue, but because Bob & Sue also introduced someone, tom needs to show he was involved in this as well and jo, terry, mark need to show, preferably in a different column as the bonus for them is lower.

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Jul 24, 2006

All data is located within one book. I have two sheets with material codes in each sheet which include pricing (existing and current)

Sheet1 (has existing material codes plus existing pricing) Has about 1200 lines

Sheet2 (has current material codes plus current pricing), has about 36000 lines

I need to cross check if the material code (taken from sheet1) are still available in sheet2, and if they are, copy the current price back to sheet1. The current price needs to be pasted back into sheet1 (next to the existing price). If the material code doesn't exist (for whatever reason, in sheet2), the program needs to move onto the next line and leave the current price for that material code blank. The program should finish once all the lines in sheet1 are completed. I have attached a sample of what I'm trying to do,

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Feb 12, 2010

I have have a large array of prices (across rows) and am looking for the closest price to match a price that I have been provided with. It's a basic benchmarking exercise on a row by row basis....and the price can be positive or negative. Is there a clean way to reference the closest price?

I have come across a fair amount of solutions, but none worked optimally - particularly the =INDEX(Data,MATCH(MIN(ABS(Data-Target)),ABS(Data-Target),0)) approach....it just didn't work for some lines, and only worked for values less than source price in other instances.

I would also like to reference the source on the next column.

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Mar 17, 2009

I am trying to do an if statement where I ask if the 2009 price is .50 or less away from the 2008 price, bring back "Check" See below:

2008 2009

$23.95 $24.15

Using excel 2007

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Aug 15, 2006

I have events in column1 and ratings in column 2. The ratings are not sorted.I column 3 I want print the difference between the highest rating in event 1 and the second highest e.g. in the attached sheet column 3,rows 2 to 7 will contain 13.9. Similiarly for event 2 etc down my full sheet of 1200 events.

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Jun 1, 2013

Using VBA, how would I move an existing shape object over to the righthand margin?

I suppose what I need is something like:

VB:

ActiveSheet.Shapes("Picture 1").Left = activesheet.margin.right - ActiveSheet.Shapes.("Picture 1").Width

But how do I find "activesheet.margins.right"?

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Apr 20, 2014

I put my margin in G6 of the data sheet and the cost are the numbers on the Mail Rates sheet.

cost/(1-G6) and then round result up to next .25

=VLOOKUP(Calculator!E6,'Mail Rates'!A2:D32,Calculator!D6+1,FALSE)

I am using the vlookup above to bring the mail rates to a calculator. I want to add a margin to the mail rates before they reach the calculator.

The margin amount is in G6 of the "data" sheet and the margin formula is "mail rate"/(1-G6)

I would then like to round the result up to the next .25 dollar

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Feb 4, 2014

Basically it works out peoples hours

standard hours

overtime 1

overtime 2

because there is quite a lot of coding going on i was just wondering is there a simple bit just to add into each code that will keep the cell 0 until something is added into a different cell.

e.g

A1 = 00:00

A2 = 00:00

because of the formula A3 = 16.5

i need A3 to say 0 whilst A1 and A2 are at 00:00.

the Formula for A1+A2+A3 is perfect when something is entered into A1 and A2

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May 27, 2008

I have the margin and I have the sale price. How do I figure out the cost?

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Mar 1, 2012

I'm trying to calculate a weighted average gross margin but am having difficulty because I've instances of positive cost of sales and negative revenue. On a line by line basis I've had no problems calculating the margin but when it comes to calculating the weighted average margin as a whole I come unstuck. Looking at the data below (A1:D14) you can see that the margin should be somewhere between 90-99%.

Total RevenueCost of SalesGross ProfitGross Profit %4,805(449)4,35690.6%4,992(330)4,66293.4%3,467(246)3,22192.9%4,974(317)4,65893.6%3,873(130)3,74396.6

%3,756(258)3,49893.1%3,955(128)3,82796.8%2,872(59)2,81397.9%1,401(1)1,40099.9

%(10,987)21,45810,47195.3%3,042(172)2,87094.3%2,748(40)2,70998.6%2,682(172)2,51093.6%

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Sep 10, 2008

I have a table with daily sale entries and margins. I want a formula to calculate my sale and margin between certain hours.

The original data table is below.

Data table:

ABCDEF1DateHoursQuantityUNIT PRICESALEMARGIN201/07/0810:351-4,00-4,00-4,00301/07/0810:35122,0022,0010,05401/07/0810:5016,006,001,80501/07/0810:5016,006,001,80601/07/0811:0313,803,802,00701/07/0811:0316,806,801,67801/07/0811:0415,005,002,64901/07/0811:0733,339,993,901001/07/0811:0735,0015,008,071101/07/0811:1016,006,003,971201/07/0811:1115,605,602,971301/07/0811:1316,006,003,971401/07/0811:1412,602,601,831501/07/0811:1412,602,601,781601/07/0811:21111,6011,606,401701/07/0811:2226,0012,006,821801/07/0811:2413,503,501,471901/07/0811:28111,6011,603,952001/07/0811:4115,605,602,902101/07/0811:4115,605,602,902201/07/0811:42118,8018,806,722301/07/0811:4417,807,801,612401/07/0811:4523,507,002,942501/07/0811:4712,002,001,532601/07/0812:0113,203,201,84

The results I need:

ABCD1DATESALE BETWEENSALEMARGIN201/07/200810:00 TO 11:0030,009,65301/07/200811:00 TO 12:00148,8970,04

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