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Default Need helping with my formula please...

I have three cells designated P7, Q7, and R7 with a line of text in each. In
another cell (L7) I have a percentage. My formula is in M7. If the percentage
in L7 drops below 50% I want the text in R7 displayed, it's between 50% and
100%, I want the text in Q7 displayed, and if it's 100% or above, I want P7
displayed. The formula I have is as follows:
=IF(L799,P$7,(IF(L7<50,R$7,(IF(L750<100,Q$7," ")))))
Please help me with what I'm doing wrong.
Thank you!