How to calculate Sales Price based on Purchase Price and Pro

Luc_VanDyck

The following formula exists for calculating the Profit %:

Profit = ((Sales Price - Purchase Price) / Sales Price * 100)

If I know the Purchase Price and the Profit %, how can I calculate the Sales Price then? <img border="0" title="" alt="" src="images/smiles/icon_confused.gif" />

[ 19-11-2001: Message edited by: Luc Van Dyck ]

Luc_VanDyck

I figured it out:

Sales Price = - (100 * Purchase Price) / (Profit - 100)