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George George is offline
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Default Baseline Formula

Something is wrong, when I am equal to or below $2,000.00 it's fine, but when
I go above $2,000.00 it shows a negative number. It should show the 2% plus
the 5% above the $2,000.00

"Bernard Liengme" wrote:

=IF(A1<=2000,A1*2%,40+(A1-2000)*5%)
or
(A1*2%)+(A12000)*(A1-2000)*5%
best wishes
--
Bernard V Liengme
Microsoft Excel MVP
http://people.stfx.ca/bliengme
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"George" wrote in message
...
Excel 2007
I am trying to get a formula to do the following commision;
If A1 is less then or equal to $2,000.00 then B2 would equal 2% of that
amount.
If A1 is greater then $2,000.00 then B2 would equal 2% of the $2,000.00
plus
5% of the amount over the $2,000.00 baseline.