function - if

[Raj Shah]

hi,
i m trying to do a commission statement for an agent and following ar
the criterias based on profit margin:
Profit Margin upto 20% - 1% commission
Profit Margin from 21% to 30$ - 2% commission
Profit Margin from 31% to 35% - 3% commission
Profit Margin from 36% to 60%- 6% commission
Profit Margin above 61% - Error

Pls help me with the formula for this

Thanks
Ra

 

[moondark]

Code
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=IF(profit <=20;"1%";IF(profit<=30;"2%";IF(profit<=35;"3%";IF(profit<=60;"6%";"Error")))
-------------------


you have to replace profit by the specific Cell e.g. A2


Simo

 

[Roger Govier]

Hi Raj

Assuming your profit margin is in C1 then
=1%+(C1>20%)*1%+(C1>30%)*1%+(C1>35%)*3%+(C1>61%)*-6%

Will give your result, but rather than Error, it will show 0% for any value
in excess of 61%
Copy down column having changed range to suit

Regards

Roger Govier

 

[Raj Shah]

many thanks
that was fantastic!