Hi,
=F24/(1-F25)
In above formula (1-F25) will give you 35%. So basically you are dividing
$18.25 by 35%. It will give you the value of 100% (i.e. if $18.25 is 35%
then what is 100%)
For ex: If I purchase xyz product for $18.25 with 65% discount on it. Now I
want to calculate the original price of product.
For this I will use above formula [$18.25 / (100%-65%) or $18.25 / (1-65%)].
It will give me the original price of the xyz product (before deducting 65%
discount).
I hope you got it.
I know some one can explain more easily than this.
Regards,
Swapnil.
On Fri, May 28, 2010 at 12:15 AM, markndawoods markndawo...@molalla.netwrote:
what is this formula designed to provide?
=F24/(1-F25)
where cell F24 is a dollar figure of $18.25
and cell F25 is a percent 65%
It is in a spreadsheet I use at work and am just courious as to what
it is.
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