Calculate a price reduction

All prices in a price list have to be reduced by a certain percentage. The amount of the price reduction is 15% and is entered in cell C1.

To reduce all prices by a certain percentage:

1. In a worksheet, enter your own data or the data shown in figure shown below.
2. Select cell C1 and type -12% and then select cells C4:C8.
3. Enter the following formula: =B4+(B4*$C$1).
4. Press Ctrl+Enter.

Please note that the formula must have an absolute reference to cell C1. Also, columns B and C are formatted with the Currency style, which is available by clicking on the $ button on the Formatting toolbar.