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Roger Govier Roger Govier is offline
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Default Nested if statements - is there a better way?

Hi

If the increments go up by 1% with each additional $100,000 sales value,
then you could solve it with a simple formula.
Put your Trigger value of $1,500,000 in say D1 and the base of
$1,000,000 in E1 and use the following formula (assuming sales in A1).
The Trigger is set at 1,500,000 to give the starting 2% value when
compared with your 1,700,000.

=MAX(A1*1%,A1*((A1-$D$1)/$E$1))

You don't say what happens to the value between $1,000,000 and
$1,699,999.
If the base of 1% is held on only up to $1M worth of sales unless the
$1.7M is reached, then modify the formula to

=MAX(MIN(A1,$E$1)*1%,A1*((A1-$D$1)/$E$1))


--
Regards

Roger Govier


"masterbaker" wrote in message
...
Here's the deal:
Think of this as a royalties issue. Depending on the sales for a
specific
month, the percentage of royalties due will change. Say January sales
were
$1,850,00 (A1). Then the royalties would be 3%:

Sales less than: Royalty %:
$1,000,000 1%
$1,700,000 2%
$1,800,000 3%
$1,900,000 4%
$2,000,000 5%
....and so on

I am tired of nesting my if statments and am wondering if there is
some
other formula or something that would work? (if(A1<=2Mill, 5%,
if(A1<1.9Mill,
4%.......))

Please help me unnest my if statements!