Check out the web page of John McGimpsey on this subject:
http://www.mcgimpsey.com/excel/variablerate.html
--
HTH,
RD
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Please keep all correspondence within the Group, so all may benefit!
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"John S via OfficeKB.com" wrote in message
...
I am trying to take a net sales number and break it down by % amounts in a
stepped manner. For example:
$2500.00 in sales.
The first $1000 or less would be paid at 45% ($450.00)
The next $500 greater than $1000 but less than $1501 would be paid at 50%
(
$250.00)
Any amount less than $9999.99 but greater than $1500 would be paid at 60%
(
$600.00)
Total Commission Paid in this scenario: $1,300.00
How would I write this formula out? It's been 10 years since my last
course
and I do not use excel like I use to. Help?