Forum Discussion
Help with formula to add markups based on the cost of an item
Hi Everyone, please help I need to workout margins to add to cost prices. I have a product list (7000 products) and I want to add margins/markups according to the cost value of the items. Eg. Anything...
Hi
I understand that you need to calculate the price or the cost after a specific percentage raise depending on a policy.
You can setup a table with the percentages and use something like VLookup function with the calculation formula to get the new price.
The VLookup formula may be like the following formula:
=VLOOKUP(A2,$I$6:$J$9,2)
I set up a sheet to help you apply this in your work domain.
You can find more about the VLookup function in the following link:
https://support.office.com/en-us/article/vlookup-function-0bbc8083-26fe-4963-8ab8-93a18ad188a1
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