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Cost price based on different markup rates vs price

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    Cost price based on different markup rates vs price

    Hi

    Hopefully someone can help (read shameless request for some formula help!) , I have searched the forum and can't quite find the help I need, Maybe its just a case of cannot see the wood for the trees etc.

    In a nutshell this is the situation. I have been asked at very short notice to create a Excel that will take a numerical value in Cell A6 and then based on that amount apply a multiplier and show the result in cell E6. So if the value in A6 is less than 9.99 the result will be multiplied by 50% so I get that E6=A6x1.5 however the multiplier changes based on the value in A6 and this is the bit I am struggling with. The values are below:

    1-9.99 = 1.5 (50%)
    10-49.99 = 1.33 (33%)
    50 - 249.99 = 1.2 (20%)
    250 - 1000.99 = 1.15 (15%)
    >1001 = 1.10 (10%)

    Hope that makes sense, Anyone who can help will receive my eternal gratitude

    Thanks

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    Forum Expert XLent's Avatar
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    Re: Cost price based on different markup rates vs price

    either

    E6: =A6*LOOKUP(A6,{0,10,50,250,1001},{1.5,1.33,1.2,1.15,1.1})
    or
    E6: =SUMPRODUCT((A6>{0,10,50,250,1001})+0,A6-{0,10,50,250,1001},{1.5,-.17,-.13,-.05,-.05})

    depending on your exact requirement.

    with a value of 15 in A6 the first would return 19.95 (15 * 133%), whereas the second would return 21.65 as it applies a tiering (marginal calc) to the value i.e. 10 * 150% + 5 * 133%

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    Re: Cost price based on different markup rates vs price

    That is excellent, Really appreciate the help!

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