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**7-22-2014** | Response Time: 3 days

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**Question:**

**I want to take a column that has cost (column I) and out beside that column have a column that shows the end price. My mark up is cost +12% or a 10.71% margin. When I do the formula I think for this (=I2*1.1071) the total doesn't come out right. The cost is $52.50 and the end price should be $58.80, but instead it's showing $58.12. What am I doing wrong?**

**Answer:**

**The answer is quite simple, you need to multiply by your markup not your margin.**

**Multiply 52.5 by 112% and you'll get 58.8, like this:**

`=I2*112%`

**TIP: in Excel you can use percent in formulas, like I did in the formula above.**

Tags: Math

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