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Formula for stepped rebate system

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    Formula for stepped rebate system

    hi there, i have been given the task of setting up a sheet with a stepped rebate system. at the moment the page is blank apart from this small table, so 'sales' is in A1

    Sales commission sub totals
    0-100 0%
    101-200 5%
    201-300 7%
    300> 10%

    what i need it to do, is to separate the sales into the relevant rebate categories. for example, if we sold 500, it would split the first 100 to 0%, and so on. I have searched the forums and could only find one example but didnt know how to make it work for this.

    Thanks

  2. #2
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    Re: Formula for stepped rebate system

    Hi,

    created a short sample. Try this:

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    Re: Formula for stepped rebate system

    Thanks, that looks like it will do the trick, I will play around with it and see how it goes, I will report back when we have decided on if its ok.

    cheers

  4. #4
    Forum Guru samba_ravi's Avatar
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    Re: Formula for stepped rebate system

    =SUMPRODUCT((A1>{100,200,300})*({0.05,0.02,0.03})*(A1-{100,200,300}))
    Try this
    Samba

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