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#1
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Currency & hours
Hi
Format A1 as time / hrs:mins. Enter 04:35 in A1 - it's the amount of time someone works. Format B1 as currency. Enter $10 in B1 - the workers hourly rate. Format C1 as Currency. In C1, multiply A1 by B1 - and the answer is clearly wrong. It doesn't work because I'm multiplying hours & mins by a decimal. But how do I get this to work correctly? Hope someone can provide a simply answer for a newbie to Excel! |
#2
Posted to microsoft.public.excel.misc
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Currency & hours
Well one Excel hour and a regular hour is 1/24th of an earth day <g and
since one Excel day = 1 you need to multiply with 24 =A1*B1*24 important to format as currency number or else Excel will think it is time -- Regards, Peo Sjoblom "Wooster" wrote in message ... Hi Format A1 as time / hrs:mins. Enter 04:35 in A1 - it's the amount of time someone works. Format B1 as currency. Enter $10 in B1 - the workers hourly rate. Format C1 as Currency. In C1, multiply A1 by B1 - and the answer is clearly wrong. It doesn't work because I'm multiplying hours & mins by a decimal. But how do I get this to work correctly? Hope someone can provide a simply answer for a newbie to Excel! |
#3
Posted to microsoft.public.excel.misc
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Currency & hours
Not exactly sure why Excel can't work it out for itself, but your solution
works just fine. Thanks for your prompt reply. Regards "Wooster" wrote: Hi Format A1 as time / hrs:mins. Enter 04:35 in A1 - it's the amount of time someone works. Format B1 as currency. Enter $10 in B1 - the workers hourly rate. Format C1 as Currency. In C1, multiply A1 by B1 - and the answer is clearly wrong. It doesn't work because I'm multiplying hours & mins by a decimal. But how do I get this to work correctly? Hope someone can provide a simply answer for a newbie to Excel! |
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