Help with formula...please
I am trying to create an excel formula for the following scenario:
If the subtotal (ie E74) is 100,000 or less = 6% of E74. If the subtotal is over 100,000, 6% on the first 100,000, 4% on the next 400,000 and 2% above 500,000. Can anyone help? This is a bit out of my league. Thanks! |
Wutnik wrote...
.... If the subtotal (ie E74) is 100,000 or less = 6% of E74. If the subtotal is over 100,000, 6% on the first 100,000, 4% on the next 400,000 and 2% above 500,000. .... =6%*MIN(E74,100000)+4%*MAX(MIN(E74-100000,400000),0)+2%*MAX(E74-500000,0) |
One way
=MIN(E74,100000)*6%+(MIN(E74-100000,300000))*4%+(MAX(0,E74-400000)*2%) -- HTH RP (remove nothere from the email address if mailing direct) "Wutnik" wrote in message ... I am trying to create an excel formula for the following scenario: If the subtotal (ie E74) is 100,000 or less = 6% of E74. If the subtotal is over 100,000, 6% on the first 100,000, 4% on the next 400,000 and 2% above 500,000. Can anyone help? This is a bit out of my league. Thanks! |
Thank you!!!! You just saved me hours trying to figure this out!!!!
"Harlan Grove" wrote: Wutnik wrote... .... If the subtotal (ie E74) is 100,000 or less = 6% of E74. If the subtotal is over 100,000, 6% on the first 100,000, 4% on the next 400,000 and 2% above 500,000. .... =6%*MIN(E74,100000)+4%*MAX(MIN(E74-100000,400000),0)+2%*MAX(E74-500000,0) |
This just uses 1 Min function:
=MIN(12000+0.02*A1,2000+0.04*A1,0.06*A1) HTH -- Dana DeLouis Win XP & Office 2003 "Wutnik" wrote in message ... I am trying to create an excel formula for the following scenario: If the subtotal (ie E74) is 100,000 or less = 6% of E74. If the subtotal is over 100,000, 6% on the first 100,000, 4% on the next 400,000 and 2% above 500,000. Can anyone help? This is a bit out of my league. Thanks! |
Dana DeLouis wrote...
This just uses 1 Min function: =MIN(12000+0.02*A1,2000+0.04*A1,0.06*A1) .... Why refer to A1 3 times? =MIN({12000,2000,0}+{0.02,0.04,0.06}*A1) |
Bob Phillips wrote...
One way =MIN(E74,100000)*6%+(MIN(E74-100000,300000))*4%+(MAX(0,E74-400000)*2%) .... If E74 were blank, this returns 2000. Is that correct? If E74 were zero, this returns -4000. Is that correct? If E74 were 50000, this returns 1000. Is that correct? |
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