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minimum

  1. #1
    Registered User
    Join Date
    06-21-2006
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    minimum

    hi

    how can i do the following equation?


    40$ if the sum is less than 1000$
    75$ if the sum is less than 1001$ t0 3000$
    100$ if the sum is less than 3001$
    3001$ and up no minimum

    all should go in one cell

    thanks
    Rida

  2. #2

    Re: minimum

    I'd probably do it with a lookup myself, but

    =if(CellTested<1000,40,if(CellTested<3000,75,if(CellTested<3001,100,"no
    minimum")))

    will do it for you - I've written it with the bounds you specified

    ridash wrote:
    > hi
    >
    > how can i do the following equation?
    >
    >
    > 40$ if the sum is less than 1000$
    > 75$ if the sum is less than 1001$ t0 3000$
    > 100$ if the sum is less than 3001$
    > 3001$ and up no minimum
    >
    > all should go in one cell
    >
    > thanks
    > Rida
    >
    >
    > --
    > ridash
    > ------------------------------------------------------------------------
    > ridash's Profile: http://www.excelforum.com/member.php...o&userid=35617
    > View this thread: http://www.excelforum.com/showthread...hreadid=554015



  3. #3
    Forum Expert
    Join Date
    09-09-2005
    Location
    England
    MS-Off Ver
    2007
    Posts
    1,500
    It can be done with anested if statement or with a vlookup. however your example ranges overlap and so an answer can not be given your thrid range <3000 is also covering the same date as your first 2 ranges

    If you resate you will get an answer

    Regards

    Dav

  4. #4

    Re: minimum

    ~Actually, the ranges don't overlap, but the last range is only a
    dollar in size - hence my comment on my reply that I'd done it with the
    ranges as specified!!

    Dav wrote:
    > It can be done with anested if statement or with a vlookup. however your
    > example ranges overlap and so an answer can not be given your thrid
    > range <3000 is also covering the same date as your first 2 ranges
    >
    > If you resate you will get an answer
    >
    > Regards
    >
    > Dav
    >
    >
    > --
    > Dav
    > ------------------------------------------------------------------------
    > Dav's Profile: http://www.excelforum.com/member.php...o&userid=27107
    > View this thread: http://www.excelforum.com/showthread...hreadid=554015



  5. #5
    Forum Expert
    Join Date
    09-09-2005
    Location
    England
    MS-Off Ver
    2007
    Posts
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    If you read my post I made no mention of the 4th range, however as the third range does not have a lower bound, they do overlap

    > 40$ if the sum is less than 1000$
    > 75$ if the sum is less than 1001$ t0 3000$
    > 100$ if the sum is less than 3001$
    > 3001$ and up no minimum

    in you logic 1000 is included in the less than 3000 statement, which can not be true!

    the 2nd statment makes no sense <1001 to 3000 yours would include 1000 as written

    it is unclear also if < or <= should be used I would guess the later to exclude gaps

    Regards

    Dav

    Dav

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