Price × (1 + rate), with the rate kept in one cell.
Prices go up by the rate in B1 next month. In C4:C8 give each product's new price, reading the rate from B1 so it can be changed later.
Solve it on your own to keep the bonus. Each hint gets one step closer to the formula.
The same formula in the other shapes it takes at work.
Calculate percentages using basic arithmetic.
New minus old, divided by old — and why the order matters.
Price × (1 + rate), with the rate kept in one cell.
Recover the net price from a gross one — and why subtracting 20% is wrong.
This is the grid you start with. Cell references in the task — B6, C2 — point at the row numbers and column letters below.
| A | B | C | |
|---|---|---|---|
| 1 | Increase | 0.08 | |
| 2 | |||
| 3 | Product | Price | New price |
| 4 | Desk lamp | 42 | |
| 5 | Office chair | 189 | |
| 6 | Monitor arm | 65 | |
| 7 | Footrest | 28 | |
| 8 | Cable tray | 15 |
Price plus price times rate gives the same number, but =B4*(1+$B$1) says the rule once and reads the rate from one place. When the increase changes to 6%, one cell changes and every new price follows.