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Formula for calculating price
I need a one cell formula that calculates a price based on the following conditions Items costing the Contractor $50 or less are marked up 100% witha profit margin on the selling price of 50% items costing 50.01 to 100 are marked up 80% with a profit margin on selling price of 44.44% items costing over 100 are marked up 60% with a profit margin on the selling price of 37.50% -- nander ------------------------------------------------------------------------ nander's Profile: http://www.excelforum.com/member.php...fo&userid=6156 View this thread: http://www.excelforum.com/showthread...hreadid=393050 |
One way:
=A1*LOOKUP(A1,{0,2;50.01,1.8;100.01,1.6}) In article , nander wrote: I need a one cell formula that calculates a price based on the following conditions Items costing the Contractor $50 or less are marked up 100% witha profit margin on the selling price of 50% items costing 50.01 to 100 are marked up 80% with a profit margin on selling price of 44.44% items costing over 100 are marked up 60% with a profit margin on the selling price of 37.50% |
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