Thread: Excel formula
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Duke Carey Duke Carey is offline
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Default Excel formula

=(E8=.95)*(1250+Max(0,(min(e8,1.27)-1)*100)*50)



"TamIam" wrote:

This works very well, however, is it possible to add a 'rounding' option say
to a percentage of 1.27300045? I only want to pay the $50 on the 27% over
target.

Again..many thanks!
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Thanks for your help!


"TamIam" wrote:

Hello there,

I was wondering if anyone could help me with a formula that will calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus 10%
(10x$50) for a grand total of $3000 for payout...There is no cap to this
payout.

I have been racking my brains and have come up with the following formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
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Thanks for your help!