I have a billable rate of $70 with a mark up percentage of 17.65%. How do I calculate the base rate?
F Felicia Pickett Feb 25, 2010 #1 I have a billable rate of $70 with a mark up percentage of 17.65%. How do I calculate the base rate?
E Eva Feb 25, 2010 #2 Hi 70/1.1765 so 70/1.1765 = 59.5 59.5*17.65%=10.51+59.5=70 -- Please click "yes" if this post helped you! Greatly appreciated Eva
Hi 70/1.1765 so 70/1.1765 = 59.5 59.5*17.65%=10.51+59.5=70 -- Please click "yes" if this post helped you! Greatly appreciated Eva
A Ashish Mathur Feb 28, 2010 #4 =17.65%/(1+17.65%)*70 -- Regards, Ashish Mathur Microsoft Excel MVP www.ashishmathur.com
