Excel allows a user to calculate an original price from percentage discount using a simple formula. This step by step tutorial will assist all levels of Excel users in calculating an original price based on a price with a discount.
Figure 1. The result of the formula
Syntax of the Formula
The generic formula is:
=price_with_discount / (1 - discount)
The parameters of the formula are:
- price_with_discount – a price with discount for which we want to calculate the original price
- discount – a discount on a price in percentage
Setting up Our Data for Calculating the Original Price
Figure 2. Data that we will use in the example
Let’s look at the structure of the data we will use. In the cell B2, we have the price with discount. In the cell C2, we have the discount in percentage. We want to get the original price in the cell D3.
Calculating the Original Price without Discount
In our example, the price with discount is $250, while the discount is 15%. Based on these two values, we want to calculate the original price, without the discount.
Figure 3. Calculating the original price without discount
The formula looks like:
=B3/(1-C3)
The parameter price_with_discount is B3, while the parameter discount is C3.
Finally, the result in the cell D3 is -$294, which is the original price, before applying the discount of 15%.
To apply the formula, we need to follow these steps:
- Select cell D3 and click on it
- Insert the formula:
=B3/(1-C3) - Press enter
Most of the time, the problem you will need to solve will be more complex than a simple application of a formula or function. If you want to save hours of research and frustration, try our live Excelchat service! Our Excel Experts are available 24/7 to answer any Excel question you may have. We guarantee a connection within 30 seconds and a customized solution within 20 minutes.
Leave a Comment