+ Reply to Thread
Results 1 to 4 of 4

formula to calculate savings between two numbers

  1. #1
    Registered User
    Join Date
    04-20-2014
    Location
    London
    MS-Off Ver
    Windows Excel 2010
    Posts
    79

    formula to calculate savings between two numbers

    Hi Guys,

    This might be a silly question but I need to calculate the savings/difference between two numbers.

    This would seem to be easy at a first look as e.g old number(C3) = 5, new number(D4) = 3. I could just use D4-C3=2 which is the saving. HOWEVER in my circumstance sometimes the
    new number is 0, as the new product will not cost anything. In this situation a standard minus formula would not work.

    Could anyone help me with this?

    Column 1 = New cost
    Column 2= Old Cost
    Column 3 = This should contain the saving for the user.

  2. #2
    Forum Moderator AliGW's Avatar
    Join Date
    08-10-2013
    Location
    Retired in Ipswich, Suffolk, but grew up in Sawley, Derbyshire (England)
    MS-Off Ver
    MS 365 Subscription Insider Beta Channel v. 2404 (Windows 11 22H2 64-bit)
    Posts
    80,933

    Re: formula to calculate savings between two numbers

    If a question needs answering, it cannot be silly.

    =IF(A1=0,B1,B1-C1)

    A1 = new
    B1 = old
    C1 = saving

    This assumes that a new cost of 0 means that it is now free!
    Ali


    Enthusiastic self-taught user of MS Excel who's always learning!
    Don't forget to say "thank you" in your thread to anyone who has offered you help.
    You can reward them by clicking on * Add Reputation below their user name on the left, if you wish.

    Forum Rules (updated August 2023): please read them here.

  3. #3
    Registered User
    Join Date
    04-20-2014
    Location
    London
    MS-Off Ver
    Windows Excel 2010
    Posts
    79

    Re: formula to calculate savings between two numbers

    Great! I have just realised that the new number could also be higher than the new number, which means there wouldn't be a saving. In this case is their a way to indicate that this is not a saving? I guess I might have to add some kind of conditional formatting, but not sure? e.g old value =5 new value =10... Means there is a -5 saving.

  4. #4
    Forum Moderator AliGW's Avatar
    Join Date
    08-10-2013
    Location
    Retired in Ipswich, Suffolk, but grew up in Sawley, Derbyshire (England)
    MS-Off Ver
    MS 365 Subscription Insider Beta Channel v. 2404 (Windows 11 22H2 64-bit)
    Posts
    80,933

    Re: formula to calculate savings between two numbers

    Try:

    =IF(A1=0,B1,IF(B1-C1<0,"no saving",B1-C1))

+ Reply to Thread

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 3
    Last Post: 03-06-2014, 12:48 AM
  2. Calculate Regular savings where the amount saved increases every year
    By flossy129 in forum Excel Formulas & Functions
    Replies: 0
    Last Post: 10-01-2012, 01:41 PM
  3. Need help with expense/savings program formula
    By Steven P in forum Excel Programming / VBA / Macros
    Replies: 26
    Last Post: 06-05-2011, 05:18 PM
  4. calculate savings reqd to reach goal
    By whitepaw in forum Excel General
    Replies: 11
    Last Post: 05-23-2009, 06:42 AM
  5. Excel Savings Plan Formula
    By anil099 in forum Excel Formulas & Functions
    Replies: 4
    Last Post: 10-04-2007, 04:15 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Search Engine Friendly URLs by vBSEO 3.6.0 RC 1