I was too hasty; yes we need
=A1*2%+(A12000)*(A1-2000)*3%
thanks for the heads up!
--
Bernard V Liengme
Microsoft Excel MVP
http://people.stfx.ca/bliengme
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"David Biddulph" <groups [at] biddulph.org.uk wrote in message
...
Wouldn't your second formula need to be either
=MIN(A3,2000)*2%+(A32000)*(A3-2000)*5% or
=(A1*2%)+(A12000)*(A1-2000)*3% , Bernard?
--
David Biddulph

Bernard Liengme wrote:
=IF(A1<=2000,A1*2%,40+(A1-2000)*5%)
or
(A1*2%)+(A12000)*(A1-2000)*5%
best wishes

"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.