calculating commissions for a range of values
 

Hello, I have read the threads about similar problems on this site, but
nothing seems to work for me so perhaps I am doing something wrong.

I need to calculate commission varying by range:

.5% of sales up to 100
.75% of sales from 100 to 150
1% of sales above 150

I have tried using the IF function but can't figure out if there is a
way to signify "if less than x AND greater than y, then z".


--
abryan
------------------------------------------------------------------------
abryan's Profile: http://www.excelforum.com/member.php...o&userid=29118
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calculating commissions for a range of values
 

See

http://www.mcgimpsey.com/excel/variablerate.html

In article ,
abryan wrote:

Hello, I have read the threads about similar problems on this site, but
nothing seems to work for me so perhaps I am doing something wrong.

I need to calculate commission varying by range:

.5% of sales up to 100
.75% of sales from 100 to 150
1% of sales above 150

I have tried using the IF function but can't figure out if there is a
way to signify "if less than x AND greater than y, then z".

calculating commissions for a range of values
 

You could reformulate the issue as:
..5% of sales
PLUS .25% of sales over 100
PLUS .25% of sales above 150
Which translates into =a1*0.5% + max(0,a1-100)*.25% + max(0,a1-150)*.25%.
--Bruce

"abryan" wrote:


Hello, I have read the threads about similar problems on this site, but
nothing seems to work for me so perhaps I am doing something wrong.

I need to calculate commission varying by range:

.5% of sales up to 100
.75% of sales from 100 to 150
1% of sales above 150

I have tried using the IF function but can't figure out if there is a
way to signify "if less than x AND greater than y, then z".


--
abryan
------------------------------------------------------------------------
abryan's Profile: http://www.excelforum.com/member.php...o&userid=29118
View this thread: http://www.excelforum.com/showthread...hreadid=488361