Calculating Sales Price
Jul 18, 2008
using Excel 2002 on XP.
My partner and I are selling products. He gets 5% of the sales price, then I get the rest. But I want to make at least $2 on every sale. So, let's say the item cost us $50. If he wants 5% off the top, and I want at least $2, how do we calculate what to sell it for?
I tried the following, but it didn't work:
$50 (cost)
+ $2 (my profit)
+ 5% (partner's profit)
------
$54.60 (sales price)
It doesn't work because I end up with $1.87.
$54.60 (sales price)
- 5% (partner's profit)
- 50 (cost)
------
$1.87 (my profit)
I've tried other things, but I always end up under $2. Is it possible to calculate this? or do I need to have a percentage for myself? If Excel can't do it, do you know of any calculators out there than can?
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Dec 14, 2012
In my spreadsheet, I have data for each sale in each row. Column C is the buy price, and column D is the sell price. I need column C to be subtracted from column D to get the profit into column E so that I can AutoSUM any cells in column E for total profit over any time period. The problem I'm having is that in columns C and D, I have either a dollar sign in front, or the letter m following without a space (ie $45.00 or 150m). Many cells in column C also contain another word following the buy price, and many cells in column D have a date following the sell price (ie $32.00 12/11 or 42m buyout).
Examples of how my spreadsheet looks:
A1: 12/13/12 B1: Item #1 C1: 100m D1: 152m
A2: 12/14/12 B2: Item #2 C2: $20.00 D2: $35.00
A3: 12/15/12 B3: Item #3 C3: 90m bid D3: 120m 12/16
So looking at my example above, I would need cell E1 to automatically show "52m", cell E2 "$15.00", and cell E3 "30m"
How I can get a formula for all of column E that will give me my profit for both $ and "m" for each item (row). I have tried the SUM function but just keep getting the #VALUE! error, it does not ignore the text like many people say it should.
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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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Jun 13, 2014
I want to set up an Excel spread sheet where I can put my total number of sales appointments for the month and the percentage of those I closed. I've done this before, but for the life of me I can't remember the formula I used & I know it's a very simple one! I'm using Office 2007.
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Apr 20, 2012
I have a very large spreadsheet with daily sales for over 140 different items, over the past 2 years.
This is how my data looks like:
ITEM NAME 4/1/12 4/2/12 4/3/12 etc
item1 10 15 500
item2 5 0 3
item3 0 0 5
etc
I'm trying to build a formula that allows me to see which item is the highest trending over a period of time I input.
I figured out the way how to select data between specific Start and End dates, but don't know how to interpret "trending" in a formula.
I was thinking maybe highest jump from beginning to end of interval, but what if it's a new item that was launched halfway through the interval and does poorly throughout, that would still be "trending" under that rationale....
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Jun 7, 2014
I have sales numbers which is in the form of a running total dollar amount and I would like to keep track of the average increase in dollars.
So basiclly if the Jan total is $100 in column a, the Feb total is $150 in column b, and the March total is $200 in column c. I would like a formula that will tell me that the average increase in dollars is $50.
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Jan 5, 2012
I have an excel sheet which has 70 sheets in it...All of them are numbered but not in a sequential manner (eg : 210,211,201,202,215 etc..).The numbering is nothing but the sales order number....
All the sheets have same data (i.e Column A contains Product Sold, Column B contains Sale Value)...The thing is i want to consolidate all the data in sales order number wise. i.e.
Column A Column B
201 $200
202 $300
203 $450
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Jul 2, 2009
I am trying to determine the top contributors to 50% of sales based on cumulative percent of sales (see attached file). I can determine if percent of sales is less than 50%, but I need to include the person that pushes the group of top performers over the 50% mark.
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Feb 4, 2013
I wanted to get the data from data sheet where i have entered the data manually for sales what have done
Now I wanted is when i enter date i should get the product and price in other sheet
Example:
If I enter date in a1 cell
I should get the detail of product in b1-b10(if i sold 10 item )which is in data sheet
And c1 - c10 price (if i sold 10 item @that price)
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Feb 20, 2008
See the attachment. I want the percentage of Car Sales to total sales of different countries automatically.
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Oct 17, 2013
I have a sales level that I need to track...My rolling 12 months' sales must be $85,000 and my currently monthly sales must be $7,000. I have a sheet that tracks the $85,000 and tells me what I need to achieve that, but I haven't figured out how to include the $7,000 monthly minimum....
The chart below is what I have. So for example, this month it's telling me I only need to sell another 3016.46 to hit the $85,000 rolling 12, but I actually need to hit $4821.79 to meet the $7k minimum.
Actual Rolling 12 Goal
Sep 2012 5,367.24 73,663.30
Oct 2012 5,649.93 69,496.28
Nov 2012 14,163.38 73,451.30 [code]....
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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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Jan 5, 2010
I have daily basis monthly sales. Now I want to summarize into monthly gross. Pls look attached file. I am looking for a formula to summarize January daily sales from date 1st to 31 st as of just January and and sum of each day gross.
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Jan 4, 2005
I have created a chart on excel for us to track daily sales but also to figure sales tax so we know what to send the IRS each month. We have been figuring the sales tax ourselves and
filling in the chart on excel but I would like to create a formula that
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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 27, 2013
I cannot solve with Excel 2010 and I have searched all over for the answer.
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3/2/2005 $xxxx
3/5/2005 $xxxx
3/20/2005 $xxxx
4/2/2005 $xxxx
4/10/2005 $xxxx
Into this:
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April 2005- $xxxx (monthly average)
I have a feeling some 'countif' formula would work but I am not sure how to do this.
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Oct 3, 2012
In cells A4 to A54, their names are displayed.
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Also in column I I'd have a second value which would be a total of each department. Would it be possible to leave this data out of the formula? No big deal if I have to put that value in the next column.
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Range I4:I28 to the monthly sales worksheet by date.
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Feb 12, 2010
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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
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2008 2009
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Aug 20, 2013
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Aug 13, 2008
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May 21, 2009
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Example attached.
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