ExcelBanter

ExcelBanter (https://www.excelbanter.com/)
-   Excel Worksheet Functions (https://www.excelbanter.com/excel-worksheet-functions/)
-   -   multiplying by variables based off original number (https://www.excelbanter.com/excel-worksheet-functions/248016-multiplying-variables-based-off-original-number.html)

Jato

multiplying by variables based off original number
 
trying to figure this out, im in commsionned sales, and we base our commision
off a percentage of our gross, i need a formula that basically does this
400 or less=100
1500 or less *.25
1501-2499*.3
2499<*.35
all in one formula.... is this possible?

T. Valko

multiplying by variables based off original number
 
One way...

=IF(A1<=400,100,A1*IF(A1<=1500,0.25,IF(A1<=2499,0. 3,0.35)))

--
Biff
Microsoft Excel MVP


"jato" wrote in message
...
trying to figure this out, im in commsionned sales, and we base our
commision
off a percentage of our gross, i need a formula that basically does this
400 or less=100
1500 or less *.25
1501-2499*.3
2499<*.35
all in one formula.... is this possible?




Jacob Skaria

multiplying by variables based off original number
 
Combine the below formula...to yours...

=LOOKUP(A1,{0,401,1501,2500},{100,0.25,0.3,0.35})

If this post helps click Yes
---------------
Jacob Skaria


"jato" wrote:

trying to figure this out, im in commsionned sales, and we base our commision
off a percentage of our gross, i need a formula that basically does this
400 or less=100
1500 or less *.25
1501-2499*.3
2499<*.35
all in one formula.... is this possible?


Hans Terkelsen

multiplying by variables based off original number
 

"jato" wrote in message ...
trying to figure this out, im in commsionned sales, and we base our commision
off a percentage of our gross, i need a formula that basically does this
400 or less=100
1500 or less *.25
1501-2499*.3
2499<*.35
all in one formula.... is this possible?


Hi J.
One more try, see if it fits your numbers.
Commission =MAX(100,0.25*A1,0.3*A1-75,0.35*A1-200)
The definitions leave room for different formulas, check this one out too.
Hans T.




All times are GMT +1. The time now is 10:38 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
ExcelBanter.com