Hey guys Need a formula set up to do a commission table as structured below.
Incremental % Tier
2% $250.00
5% $500.00
9% $750.00
12% $1,000.00
Trying to set up a formula where if sales were to reach $250 the commission would be $5. Anything below $250 would be zero commission.
If sales were $350 then that would only be 2% total commission.
If sales were to reach above $500 lets say $550 however it would unlock the 5% tier and commission in this case would be ($250*2%)+($300*5%) = $17.5.
If $800 was reached it would unlock 9% tier (being above $750) and would be ($250*2%)+($250*5%)+($300*9%)= $44.5
Been at this for a bit and could really use some help. Thanks!
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