Add It All Up
So what is the
retail price? The equation would be the Cost times the Markup.
6. Calculate the Retail Price
Click on Cell D2 to begin. Now, all equations in Excel start by
entering the “=” sign. You will find it on your keyboard by the numbers
row, a few buttons to the right of the 9.
The math will look like this: =B2*C2, where the multiply sign is
the asterisk above the number 8 on your keyboard. You can type in the
cell references for B2 and C2, or you can click on the cells.
Excel won’t calculate until you leave the cell. When you are done
with the equation use the Tab or Enter key on your keyboard.
The
correct answer is $3.75.
Enter the formula for the other items in the
fruit basket.