Excel Goal Seek: find the input that gives the answer you want
Normally you change inputs and watch the result. Goal Seek does the reverse: you say what result you want, and Excel finds the input that gets you there.
Example: what EMI can I afford?
You want the monthly payment to be ₹40,000. Loan amount in B3, rate in B1, years in B2, and the EMI formula in B4: =PMT(B1/12,B2*12,-B3). How big can the loan be?
- Data › What-If Analysis › Goal Seek.
- Set cell: B4 (the formula).
- To value: 40000.
- By changing cell: B3 (the loan amount).
- OK › OK to keep the answer.
Excel tries values until the EMI is ₹40,000 — about ₹44.4 lakh at 9% over 20 years. EMI formula: PMT.
More uses
- Break-even price: set Profit to 0 by changing Price.
- Marks needed: set the weighted average to 60 by changing the final exam score. See weighted average.
- Sales target: set commission to ₹1,00,000 by changing sales.
Rules
- The Set cell must contain a formula that depends on the changing cell.
- The changing cell must contain a typed value, not a formula.
- Only one changing cell. For several, use Solver.
“Goal Seek may not have found a solution”
The target may be impossible, or the formula doesn’t depend on the changing cell. Check the link with Formulas › Trace Dependents.
Compare many inputs at once: What-If Analysis