if than statement has too many variable

[repke]

Hello

I'm pretty much a novice at using Excel but made a formula a couple
years ago to calculate freight. There are 2 basic scenarios, if the
weight falls between a certain brackets it gets a set price or it gets
multiplied by a percentage. I think the max number of if than
statements is seven... correct? My excel file was corrupted about 3
months back and I have been unsuccessful in recreating it. I'm open to
using a more appropriate formula or fixing the current one. Either way
I appreciate the help.

=IF(E4<=50,28,IF(E4<=305,42,IF(E4<=393,E4*0.1373,IF(E4<=500,54.05,IF(E4<=712,E4*0.1081,IF(E4<=1000,77))))))

Thanks
Chris

 

[Bernie Deitrick]

Chris,

Your current formula worked fine for me, with the exception that it didn't handle weights greater
than 1000. You could change the last IF to something like - if you have a rate for items over
1000.....

=IF(E4<=50,28,IF(E4<=305,42,IF(E4<=393,E4*0.1373,IF(E4<=500,54.05,IF(E4<=712,E4*0.1081,IF(E4<=1000,77,0.07*E4))))))

HTH,
Bernie
MS Excel MVP