if function in msexcel

P

prashant_nans

in coloumn c i put all sales value & i hv slab of =50000, >50000<70000 &
70000 & commission % is 2%,3%,4% for above slab.
kindly tell me how to use if function to get commission on the base of
achieved sale which is in coloumn "C"
 
M

Max

Assuming sales in C2 down,

Try in D2:
=VLOOKUP(C2,{1,0.02;50001,0.03;70000,0.04},2,TRUE)
Format D2 as percentage and copy down
 
J

JE McGimpsey

Take a look here:

http://www.mcgimpsey.com/excel/variablerate.html

Assuming that the first 50000 returns a commission of 2%, the next 20000
returns 3% and anything above that returns 4%, you could use

=SUMPRODUCT(--(SUM(C:C)>{0,50000,70000}),(SUM(C:C)-{0,50000,70000}),
{0.02,0.01,0.01})


See the link above for more flexible solutions...
 

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