I'm hopelessly stuck on this.
I need to calculate the amount I need to get from the customer, so that after deducting transport charges, commission on the final sale value and bank charges on the final sale value, I will have the amount I want to get.
The amount I want in hand = 100
Commission @ 7% on final sale value
Bank Charges @5% on final sale value
Transport Charges = 10
Final sale value = ? (How do I get this figure)
The final sale value is the amount I'll tell the customer, so I'll receive $100 after deducting 7% on the final sale value and 5 % on the Final sale value and the transport charges.
The commission and bank charges are calculated on the final sale value. Eg: If the final sale value is 100, commission @ 7% will be 7 and bank charges will be 5.
I'm trying to do this in Excel and got stuck good. Can you please help?
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