Hi
I need to understand the following formula, ==IF(C15>0,(C15/(1-C12)*$C$5),"")
Cell C15 is the total cost of a product, Cell C22 is the gross margin of the cost of the product and the cell is formatted in a percentage which is added on to the cost. I would like to know why in the formula is it 1-C22, what does the 1 mean?
Solved by B. J. in 24 mins