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Calculating the original number after a percentage increase

formulas ROUND percentages

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#1 Stewart Armstrong

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Posted 18 June 2014 - 07:41 PM

I've been asked to show our accounting people how to write an Excel formula that can calculate the original value after a number has increased by a certain percentage.

 

For example, we know that the value of 15,002.56 increased by 23% on last month's value and need to work out what last month's figure was.  It seems like it should be simple, but I've been trying for a while now and just can't get it.  Can you help?



#2 Jonathan

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Posted 18 June 2014 - 09:11 PM

This article has moved

 

We have moved this article to our new site. The answer to this question can now be found here:

 

https://thesmartmethod.com/calculating-the-original-number-after-a-percentage-increase/


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