Example:
$100 is the base number, but a deduction of 9% will be applied.
How do I calculate the % increase required from $100, in order to deduct 9% and get back to $100? I am looking for the calculation not the answer, as the % deducted will be variable.
I am using excel and would prefer in an excel formula if possible, but not necessary, the calculation to find the increase % is enough. thanks
You can use following formula to calculate the value.
Formula in Calculated Value cell i.e. C2 is:
=A2/(1-B2)