[mso] Re: need simple help Excel Formula
- From: CULBERTSON Geoff <glio@xxxxxxxxxxxx>
- To: mso@xxxxxxxxxxxxx
- Date: Tue, 12 Apr 2011 16:47:36 +0100
Vicky,
It is 13.38 * 100/8.87 - 100 = 50.84%
Geoff
On 12 April 2011 12:08, Vicky <vking@xxxxxxxxxx> wrote:
> 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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