MEGA FORMULA

[Ray]

I am trying to create a formula for which I need to calculate a discount
percentage based on supplier spend. For example, a supplier may receive a
discount of .25% based on spend between $1.00 and $100,000.00, .31% based on
spend between $ 100,001.00 and $ 150,000.00 and a .38% discount based on
spend between $ 150,001.00 and $ 200,000.00. We have been trying several
options but it doesn't seem to be working.

[Bearacade]

=IF(A1<=100000,A1-A1*0.025,IF(AND(A1>100000,A1<=150000),A1-A1*0.031,IF(AND(A1>150000,A1<=200000),A1-A1*0.038,"Amount > 200000")))

[Bob Phillips]

Create a table of

1 .25%
100000 .31%

etc., in M1:N10 say

and then use

=VLOOKUP(K1,M1:N10,2,TRUE)
--

HTH

Bob Phillips

(replace xxxx in the email address with gmail if mailing direct)

"Ray" <[email protected]> wrote in message
news:[email protected]...
> I am trying to create a formula for which I need to calculate a discount
> percentage based on supplier spend. For example, a supplier may receive a
> discount of .25% based on spend between $1.00 and $100,000.00, .31% based
on
> spend between $ 100,001.00 and $ 150,000.00 and a .38% discount based on
> spend between $ 150,001.00 and $ 200,000.00. We have been trying several
> options but it doesn't seem to be working.

[Domenic]

Assuming that A2 contains the amount the supplier spent, try...

=IF(A2>200000,"Exceeds
200,000",LOOKUP(A2,{1,100001,150001},{0.0025,0.0031,0.0038}))

Hope this helps!

In article <[email protected]>,
Ray <[email protected]> wrote:

> I am trying to create a formula for which I need to calculate a discount
> percentage based on supplier spend. For example, a supplier may receive a
> discount of .25% based on spend between $1.00 and $100,000.00, .31% based on
> spend between $ 100,001.00 and $ 150,000.00 and a .38% discount based on
> spend between $ 150,001.00 and $ 200,000.00. We have been trying several
> options but it doesn't seem to be working.

[David Biddulph]

"Ray" <[email protected]> wrote in message
news:[email protected]...
>I am trying to create a formula for which I need to calculate a discount
> percentage based on supplier spend. For example, a supplier may receive a
> discount of .25% based on spend between $1.00 and $100,000.00, .31% based
> on
> spend between $ 100,001.00 and $ 150,000.00 and a .38% discount based on
> spend between $ 150,001.00 and $ 200,000.00. We have been trying several
> options but it doesn't seem to be working.

=A1-(0.0025*MIN(A1,100000)+0.0031*MIN(MAX(0,A1-100000),50000)+0.0038*(MIN(MAX(0,A1-150000),50000)))
--
David Biddulph

[Arvi Laanemets]

Hi

Discount percent is
=(0.25+(A1>100000)*0.06+(A1>150000)*0.07+(A1>200000)*x)

Arvi Laanemets


"Ray" <[email protected]> wrote in message
news:[email protected]...
> I am trying to create a formula for which I need to calculate a discount
> percentage based on supplier spend. For example, a supplier may receive a
> discount of .25% based on spend between $1.00 and $100,000.00, .31% based
on
> spend between $ 100,001.00 and $ 150,000.00 and a .38% discount based on
> spend between $ 150,001.00 and $ 200,000.00. We have been trying several
> options but it doesn't seem to be working.