Need help with =IF formula
I came up with a bit shorter version:
=IF(D9<=100,D9*0.15,IF(D9<=200,15+(D9-100)*0.1,25+(D9-200)*0.05))
Mark Lincoln
On Jul 10, 2:21 pm, "Harvey" wrote:
I need a formula to do this: if the sale is less than $100 the commission is
15% of the sale, if the sale is less then $200 the commission is 15% on the
first hundred + 10% of the balance of the sale, and if the sale is over $200
the commission is 15% of the first $100 , 10% of the second $100 and 5% for
anything over $200.
I came up with =IF(D9<100,".15",IF(D9<200,".1","")) which does not come near
to what I need.
I need help, I am using Excel 2002.
Harvey Mandel
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