Simple mileage formula

O

office

Hi,

Trying to get a formula that will do the following:

My company pays 40 pence a mile up to 833 miles, all miles after this get
paid at 25 pence a mile.
Is there a way I can get a formula to calculate this??

e.g. I do 2641 miles in August -
833 @ £0.40 = £333.20
1808 @ £0.25 = £452.00
Total = £785.20

2641 = £785.20

Thanx in advance

Rick
 

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