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Circular Reference for Commission %

 
 
David
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      19th Dec 2008
I am calculating the total cost of a job, which includes the commission. Of
course, as the commission is calculated, it increases the cost of the job,
which increases the commission, etc.
How can I resolve this issue so the total sales price shows the correct
commission?
Example, I want to sell a job for $10,000, and the commission at 7% would be
$700, so I want the total sales price to be $10,700.
This is driving me CRAZY!!
 
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Max
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      19th Dec 2008
In A2: 10000
In B2: 7%
Then in C2: =A2*(1+B2)
will return the required total
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---
"David" wrote:
> I am calculating the total cost of a job, which includes the commission. Of
> course, as the commission is calculated, it increases the cost of the job,
> which increases the commission, etc.
> How can I resolve this issue so the total sales price shows the correct
> commission?
> Example, I want to sell a job for $10,000, and the commission at 7% would be
> $700, so I want the total sales price to be $10,700.
> This is driving me CRAZY!!

 
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