Formula in Excel that can create special prices that are higher than the cost price and lower than the msrp price?

Question

So I'm using OpenCart and I have about 6000 products and adding. I don't think that really matters, but just in case. I was wondering if there is a formula in Excel that I can use to create special prices that are higher than the cost price and lower than the msrp price? My columns are SKU Name Cost MSRP

Can anyone help me out? Much appreciation!

Answer 1

Say your pricing is based on a "mark-up" factor.

If C1 contains the cost and D1 contains the MSRP, then in E1 enter:

=IF(1.03*C1>D1,D1,1.03*C1)

where the 1.03 is your mark-up factor (modify this to meet your needs)..This says that if the marked-up price exceeds MSRP, use MSRP. Otherwise use the marked-up price.