how to calculate billable rate using base rate and percentage

I have a billable rate of $70 with a mark up percentage of 17.65%. How do I 
calculate the base rate?
2/25/2010 12:07:01 AM
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70/1.1765 = 59.5

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Greatly appreciated


"Felicia Pickett" wrote:

> I have a billable rate of $70 with a mark up percentage of 17.65%. How do I 
> calculate the base rate?
2/25/2010 12:44:01 AM


"Felicia Pickett" <> wrote in 
>I have a billable rate of $70 with a mark up percentage of 17.65%. How do I
> calculate the base rate? 

2/25/2010 3:44:27 AM


Ashish Mathur
Microsoft Excel MVP

"Felicia Pickett" <> wrote in 
> I have a billable rate of $70 with a mark up percentage of 17.65%. How do 
> I
> calculate the base rate? 

2/28/2010 12:26:31 PM

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