View Single Post
  #3   Report Post  
Posted to microsoft.public.excel.misc
Roger Govier Roger Govier is offline
external usenet poster
 
Posts: 2,886
Default Bonus Calculation

Hi

B2:B4 needs to be 0, 20, 40
C2:D4 are superfluous
in H2
=G2*F2*(1+VLOOKUP(G2,$B$2:$E$4,4))

--
Regards

Roger Govier


"zephyr" wrote in message
...
I have a spreadsheet where I would like to pay a bonus based on hours
worked.

A B C D E F G H
1 Limits Bonus Rate Hours Amount
2 0 ? 20 0% $20 17 $
3 20 ? 40 5% $20 23 $
4 40 10% $20 23 $

A2 to D4 is the limits to be applied. The limits can be changed.
E2 to E4 is the percentage bonus. The percentage can be changed.
F2 to F4 is the hourly rate.
G2 to G4 are the hours worked

Require the spreadsheet to calculate the amount based on applied
limits.

Many thanks for any assistance that you can provide.