You can combine the AND and IF formulas. Not sure if you want the
formula to multiply a value by 8% but you could modify this to suit
your needs.
=IF(AND(C1="East",D1<10),8%,"")
or
=IF(AND(C1="East",D1<10),A1*8%,A1)
Again, not sure if you want to display the 8% or a value times it.
Does that help?
Steve
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