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Default Excel formula

Hello there,

I was wondering if anyone could help me with a formula that will calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus 10%
(10x$50) for a grand total of $3000 for payout...There is no cap to this
payout.

I have been racking my brains and have come up with the following formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
--
Thanks for your help!
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Default Excel formula

Try =1250*(E8=95%)+1250*(E8=100%)+50*100*MAX(0,E8-100%)
--
David Biddulph

"TamIam" wrote in message
...
Hello there,

I was wondering if anyone could help me with a formula that will calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus 10%
(10x$50) for a grand total of $3000 for payout...There is no cap to this
payout.

I have been racking my brains and have come up with the following formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
--
Thanks for your help!



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Default Excel formula

Maybe:

=(E8=.95)*(1250+Max(0,(e9-1)*100)*50)

"TamIam" wrote:

Hello there,

I was wondering if anyone could help me with a formula that will calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus 10%
(10x$50) for a grand total of $3000 for payout...There is no cap to this
payout.

I have been racking my brains and have come up with the following formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
--
Thanks for your help!

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Default Excel formula

By the way, your description and formula are inconsistent. You state:

95% to 100% of Target $1250

but your formula uses $2,500


"TamIam" wrote:

Hello there,

I was wondering if anyone could help me with a formula that will calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus 10%
(10x$50) for a grand total of $3000 for payout...There is no cap to this
payout.

I have been racking my brains and have come up with the following formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
--
Thanks for your help!



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Default Excel formula

Make that

=(E8=.95)*(1250+Max(0,(e8-1)*100)*50)

and if you really mean $2,500 instead of $1,250, then

=(E8=.95)*(2500+Max(0,(e8-1)*100)*50)

"Duke Carey" wrote:

Maybe:

=(E8=.95)*(1250+Max(0,(e9-1)*100)*50)

"TamIam" wrote:

Hello there,

I was wondering if anyone could help me with a formula that will calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus 10%
(10x$50) for a grand total of $3000 for payout...There is no cap to this
payout.

I have been racking my brains and have come up with the following formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
--
Thanks for your help!

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Default Excel formula

This works very well, however, is it possible to add a 'rounding' option say
to a percentage of 1.27300045? I only want to pay the $50 on the 27% over
target.

Again..many thanks!
--
Thanks for your help!


"TamIam" wrote:

Hello there,

I was wondering if anyone could help me with a formula that will calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus 10%
(10x$50) for a grand total of $3000 for payout...There is no cap to this
payout.

I have been racking my brains and have come up with the following formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
--
Thanks for your help!

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Default Excel formula

=(E8=.95)*(1250+Max(0,(min(e8,1.27)-1)*100)*50)



"TamIam" wrote:

This works very well, however, is it possible to add a 'rounding' option say
to a percentage of 1.27300045? I only want to pay the $50 on the 27% over
target.

Again..many thanks!
--
Thanks for your help!


"TamIam" wrote:

Hello there,

I was wondering if anyone could help me with a formula that will calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus 10%
(10x$50) for a grand total of $3000 for payout...There is no cap to this
payout.

I have been racking my brains and have come up with the following formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
--
Thanks for your help!

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Default Excel formula

Hi Duke

I wonder if the OP meant a rounding of the % to decimal places, rather
than the specific 1.27?
If so maybe
=(E8=0.95)*(1250+MAX(0,(ROUND(E8*100,0)/100-1)*100)*50)

--
Regards

Roger Govier


"Duke Carey" wrote in message
...
=(E8=.95)*(1250+Max(0,(min(e8,1.27)-1)*100)*50)



"TamIam" wrote:

This works very well, however, is it possible to add a 'rounding'
option say
to a percentage of 1.27300045? I only want to pay the $50 on the 27%
over
target.

Again..many thanks!
--
Thanks for your help!


"TamIam" wrote:

Hello there,

I was wondering if anyone could help me with a formula that will
calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus
10%
(10x$50) for a grand total of $3000 for payout...There is no cap to
this
payout.

I have been racking my brains and have come up with the following
formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
--
Thanks for your help!



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Default Excel formula

rounding of the % to decimal places
That should of course have read
rounding of the % to 2 decimal places
--
Regards

Roger Govier


"Roger Govier" wrote in message
...
Hi Duke

I wonder if the OP meant a rounding of the % to decimal places, rather
than the specific 1.27?
If so maybe
=(E8=0.95)*(1250+MAX(0,(ROUND(E8*100,0)/100-1)*100)*50)

--
Regards

Roger Govier


"Duke Carey" wrote in message
...
=(E8=.95)*(1250+Max(0,(min(e8,1.27)-1)*100)*50)



"TamIam" wrote:

This works very well, however, is it possible to add a 'rounding'
option say
to a percentage of 1.27300045? I only want to pay the $50 on the
27% over
target.

Again..many thanks!
--
Thanks for your help!


"TamIam" wrote:

Hello there,

I was wondering if anyone could help me with a formula that will
calculate
the following:

Commission Levels:
Target $2500
95% to 100% of Target $1250
For each additional 1% above 100% $50

e.g. if achieved %110 of target, then payout would be $2500 plus
10%
(10x$50) for a grand total of $3000 for payout...There is no cap
to this
payout.

I have been racking my brains and have come up with the following
formula
which works well unless the percentage ends in a zero:

=IF(AND(VALUE(E8)=95%),IF(VALUE(E8)<101%,1250,RIG HT(ROUND(VALUE(E8),2),2)*50+2500),0)
--
Thanks for your help!





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