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Commission Percent based on Gross Margin Percent Formula

  1. #1
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    Commission Percent based on Gross Margin Percent Formula

    Not sure if I can do this with a formula or VBA.

    I need to set a commission Percentage based on a Gross Margin percent.

    So, if Cell A1 equals 44%, the commission percentage would be 8% following the list below:

    Gross Margin Commission Percentage
    Between 30% and 35% ---------------->6%
    Between 35% and 39% ---------------->7%
    Between 40% and 44% ---------------->8%
    Between 45% and 49% ---------------->9%
    Between 50% and 54% ---------------->10%
    55% and above ------------------------->11%

  2. #2
    Forum Expert ben_hensel's Avatar
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    Re: Commission Percent based on Gross Margin Percent Formula

    This is a dead-simple approximate INDEX(MATCH)... assuming you have your data set up correctly.

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    See attached for a working example.
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  3. #3
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    Re: Commission Percent based on Gross Margin Percent Formula

    Wow! I was over thinking this. The formula works perfectly! See attached test.
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