Hi Raj

Assuming your profit margin is in C1 then
=1%+(C120%)*1%+(C130%)*1%+(C135%)*3%+(C161%)*-6%

Will give your result, but rather than Error, it will show 0% for any value
in excess of 61%
Copy down column having changed range to suit

Regards

Roger Govier


Raj Shah wrote:
hi,
i m trying to do a commission statement for an agent and following are
the criterias based on profit margin:
Profit Margin upto 20% - 1% commission
Profit Margin from 21% to 30$ - 2% commission
Profit Margin from 31% to 35% - 3% commission
Profit Margin from 36% to 60%- 6% commission
Profit Margin above 61% - Error

Pls help me with the formula for this

Thanks
Raj