Hi All,

I hope you're well. Thanks for swinging by my post. I'm a little stuck and hope someone can help me - it's driving me nuts.

For this example, I want to achieve a certain Return on Investment (ROI) based on my purchase price, AFTER fixed fees and commission and am trying to calculate the correctSelling Price:

£5

Item Cost:

Fixed Sale Fee:£2

Commission Fee on Sale Price:10%

So, if I sold the item for £15, this is the calculation for profit:

£15 Sell - £5 Cost - £2 Fixed - £1.50 Perc = £6.50 (30% ROI)

I'm trying to backwards engineer this, to find out what my sell price should be, based on a given ROI. For example:

?? Sell - Cost - Fixed - (% of Sell) = 30% ROI

How can I work out what the Sell should be?

Any help would be greatly appreciated. Thank you very much in advance and for taking the time to read my post.

Adam.

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