[mso] Re: need simple help Excel Formula
- From: "Kelly Arnold" <Kelly.Arnold@xxxxxxxxxxxxxxxx>
- To: <mso@xxxxxxxxxxxxx>
- Date: Tue, 12 Apr 2011 08:51:13 -0400
Your formula is correct. Difference between old and new price divided by
old price give you the % of increase.
My math says it's 51%.
Good luck!
-----Original Message-----
From: mso-bounce@xxxxxxxxxxxxx [mailto:mso-bounce@xxxxxxxxxxxxx] On
Behalf Of Vicky
Sent: Tuesday, April 12, 2011 7:08 AM
To: mso@xxxxxxxxxxxxx
Subject: [mso] need simple help Excel Formula
I am approaching being brain dead on this because so many people are
telling me different ways of doing a markup. I'm not an accountant
(not even a bookeeper but this task fell to me)
We experienced a pretty heavy raw material price increase. Our
president decided that we would only pass on what our increase % is.
(no markup in the raw material cost as we normally would do)
Old Price = $8.87 New Price= $13.38 Difference = $4.51
Percent = 4.51 / 8.87
Is this right? How am I supposed to do this.
Any help would really be appreciated.
Thanks,
Vicky
.
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