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<p>[QUOTE=&quot;Hobo, post: 976423, member: 11521&quot;]A more accurate way to calculate your maximum bid based on the maximum amount you are willing to pay is:</p><p>&nbsp;</p><p>MB = [TOTAL - SH] / 1.15*</p><p>&nbsp;</p><p>where</p><p>&nbsp;</p><p>&nbsp;MB = Maximum Bid</p><p>TOTAL = Total amount you are willing to pay</p><p>SH = Shipping &amp; Handling </p><p>1.15 = 1 + the Buyer&#039;s Premium (*if the Buyer&#039;s Premium is 20% use 1.20, etc.)</p><p>&nbsp;</p><p>In my formula you divide [TOTAL - SH] by 1.15 instead of subtracting 15%. This is because your total (before S&amp;H) is your bid plus 15% or 115% of your bid (if the Buyer&#039;s Premium is 15%).[/QUOTE]</p><p><br /></p>

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