Need to reverse an excel formula to do the reverse matchematical equation. So this excel formula does ebay and paypal fees calculations. Here is the breakdown: Up to $50 is 8%.
Up to $1,000, first $50 is 8%, the rest is 4.5%. Over $1,000, first $50 is 8%, next $950 is 4.5%, the rest is 1%. Then after all that there is a 5% discount.
Then add paypal fees which are 1.9% + $0.30. So I was capable of creating the excel formula which looks like this:=IF(A2 Math.
Similar questions: reverse excel formula matchematical equation.
The problem is your boundaries... I'd recommend reading through this so you understand why I did the calcs the way I did (and why I re-wrote yours), but if you're just eager to see the solution, scroll to the "real deal" section at the bottom! I don't know ebay and Paypal fees well, but your equation doesn't really look right to me - here's the problem that I see: Taking the 50, so your calculation says to: (((((A2-50)*0.045)+4)*0.95)+A2*0.019+0.3) ^^ What is this +4? (55.1222-50)*.045)+4)*.095 + 55.1222*0.019+0.3 which equals: $5.36629585 in fees , or 49.76 net.
Sure, it's only $.25 off from the $50 ACTUAL asking price, but you're at the bottom end of the scale from 50-1000 using the 4.5% - as the net gets closer to 1000, the formula gets further and further off! Here's the real deal: Set up a table in excel that looks like this (ignore the colored boxes): Make sure the Cells are lined up in the correct colums/rows, otherwise the formula won't work. Now, a few rows down, create another section so your sheet looks like this (ignore the .30 and (0.27)).
: The first formula will calculate a total cost based on the net you want to receive. Copy and paste this fomula into Cell D8: =IF(B8Give it a shot - I think that's what you're looking for. (Notice the net to total and total to net are always inversely equal to each other - whcih is how it should be!
) There may be some rounding issues where you miss a penny, but not much I can do about that. Hope that helps! Sources: Too many years of Report Development.
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