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Old 09-17-2008, 12:34 PM   #1
DeToxRox
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Join Date: Dec 2002
Location: Michigan
PING: Anyone who knows math/excel

Okay I won't lie, I am absurdly terrible at math and I am taking an Excel class right now. Basically I need to do a formula for sales commission and I am pretty sure I am fucking up.

My total price is $2438.39 and commision is 8.75%

Obviously this is easy for 90% of the world but for whatever reason I am stymied. What is the forumla for something like this?

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Old 09-17-2008, 12:41 PM   #2
Passacaglia
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Join Date: Oct 2000
Location: Big Ten Country
Although you would be better off putting 0.0875 in another cell, then having your commission multiply the cell for total price by the cell with the 0.0875 in it, in case you want to change it to some other percentage.
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Old 09-17-2008, 12:41 PM   #3
DeToxRox
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I told you I was retarded. Never the less, I appreciate it.

Follow up - Is there a way format cells so they round up decimals?
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Old 09-17-2008, 02:04 PM   #4
Sun Tzu
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Join Date: Dec 2003
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just click on the cell you want to be the destination cell and type this....

=(click on the cell with the $$ in it)*.0875

there shouldn't be any parenthesis btw
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Old 09-17-2008, 02:52 PM   #5
boberot
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A quick way to figure what your total price + commission would be to multiply 2438.39 x 1.0875

Just a "future reference" note.

Last edited by boberot : 09-17-2008 at 02:52 PM.
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Old 09-17-2008, 02:55 PM   #6
RPI-Fan
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Quote:
A quick way to figure what your total price + commission would be to multiply 2438.39 x 1.0875

And in the spirit of learning... the reasoning is...

T = base_price + commission
c = b * 0.0875
T = b + (b * 0.0875)
apply the distributive rule...
T = b * (1 + 0.0875)
T = b * 1.0875
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