how do i use a formula to work a precentage of a percentage
HI,
How do I work out this: If the total bonus a person could receive was 3% of their salary, but they were only entitled to 60% of the bonus. How do I work it out from: A B C 1 60% 3% ? If Cell A was the amount the individual was entitled to, and Cell B was the percentage of the salary offered, how do I get the result (which should be 1.2%) appear in Cell C? |
Actually, 60% of 3% is 1.8%.
C1: = A1*B1 Example: $100 x 0.03 = $3.00 $3.00 x 0.6 = $1.80 -- Regards, Ron |
=A1:B1
and format as percent (with at least one decimal place) But I get an answer of 1.8% If I made $100, then 3% of that is $3. 60% of $3 is $1.80, not $1.20 -- Regards, Tom Ogilvy "Natalie" wrote in message ... HI, How do I work out this: If the total bonus a person could receive was 3% of their salary, but they were only entitled to 60% of the bonus. How do I work it out from: A B C 1 60% 3% ? If Cell A was the amount the individual was entitled to, and Cell B was the percentage of the salary offered, how do I get the result (which should be 1.2%) appear in Cell C? |
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