ROUND CENTS TO EITHER 49 OR 99 AMOUNTS

[PRICEMGR]

We manage prices of thousands of items that are especially volatile
currently. We want to round all cents <.49 as .49 and >.50 as .99. As the
cell contents are already a formula result, I'd like to "tack on" something
else, if possible, rather than adding another column. I've reviewed the
current "rounding" topics and can't quite find the working of conditionals..
Thanks All from a new participant!

 

[Biff]

Hi!

What if a price is $15.00, do you want that rounded to $15.49?

Try this:

=IF(MOD(your_formula,1)<0.5,INT(your_formula)+0.49,INT(your_formula)+0.99)

Biff

 

[Arvi Laanemets]

Hi

Maybe
=ROUND(A1+0.01;1)-0.01

 

[PRICEMGR]

THIS IS A GREAT SOLUTION! For both signage and to denote for sales staff the
current years inventory, we use pricing levels that rotate common endings.
Next year maybe ..98 or .97, etc. This solution automates what used to be
ALOT of hand tuning of our excel based price tables!
Many Thanks!

 

[PRICEMGR]

Thanks for responding! I entered the formula result of my pricing routine as
"A1" in your function and received an error. I'm trying to puzzle out how to
fix the problem. I have received one solution that works, but I know there is
often many alternates to a problem and I want to learn from them all...
The error highlights "0.01" in the middle of the function statement...

 

[Bernie Deitrick]

TENNISPLAYER,

The error was the use of ; rather than , (which is the separation character used by the author), but
that formula wouldn't have worked for you anyway. A similar formula that would work is

=ROUNDUP(2*(A1+0.01),0)/2-0.01

HTH,
Bernie
MS Excel MVP