Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Posted to microsoft.public.excel.worksheet.functions
working on variable
 
Posts: n/a
Default How to create a formula 5 to 10% based on given list of price

I am given a of price of cars sold by a sales agent of automobile company. I
am to work into excel to solve this question. The commision he gets is varies
from 5 to 10%. Can you please make a suggestion to guide me? Thanks a lot for
your attention.


Candy
  #2   Report Post  
Posted to microsoft.public.excel.worksheet.functions
wjohnson
 
Posts: n/a
Default How to create a formula 5 to 10% based on given list of price


This is a start:
=IF(AND(A1=10000,A1<=20000),A1*15%,IF(AND(A12000 0,A1<=25000),A1*10%,"Your
Entry"))
Reads as follows: If the price greater than 10000 and less than or
equal to 20000 the A1 (which is the price of the car)*5%, If A1 greater
than 20000 and A1 <=25000, then A1*10%.
Select an IF Function and then select the AND function - when you close
the "AND" function you will get an "ERROR MESSAGE" window - just ignore
it.
Then in the formula area put your cursor on the 1st IF statement and
then, double click on the Fx icon - next to the formula box.
You can have up to seven (7) If statements.
If you need more than seven you might have to use a "LOOKUP" Function.


--
wjohnson
------------------------------------------------------------------------
wjohnson's Profile: http://www.excelforum.com/member.php...o&userid=29640
View this thread: http://www.excelforum.com/showthread...hreadid=500968

Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Create a list based on single shared criteria David127 Excel Worksheet Functions 5 December 15th 05 02:36 AM
Match then lookup Tenacity Excel Worksheet Functions 9 December 3rd 05 05:30 AM
CREATE LIST OBJECT IN EXCEL MIKE Excel Worksheet Functions 0 June 20th 05 08:13 AM
How to create specific formula STS Excel Worksheet Functions 4 May 2nd 05 01:44 AM
need help creating formula based on cell value Brad Excel Discussion (Misc queries) 3 April 1st 05 07:51 PM


All times are GMT +1. The time now is 12:45 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"