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Create a lower and upper estimate with a £200 minimum difference requirement

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    Red face Create a lower and upper estimate with a £200 minimum difference requirement

    Hi,

    Hoping someone much more technical than me can help please. Apologies in advance if this is really simple

    I am creating a quote range to provide to a client. For the Lower Estimate I've used CEILING to round up to the nearest £100. For the upper estimate it's is a 20% increase on the Lower which is again rounded up to the nearest £100. That all works okay.

    I've got a problem in that the upper estimate should be a minimum of £200 more than the lower so if the lower estimate was say £400 the upper calculates as £500, I need this to be £600, if it was £600 the upper would need to be £800 to comply with the £200 minimum difference rule. Once you hit £1,000 it's obviously okay so I only need it to update the figure based on when the value doesn't comply with the requirement. I've tried IF functions and just made a mess!

    Thanks in advance

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    Forum Moderator Glenn Kennedy's Avatar
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    Re: Create a lower and upper estimate with a £200 minimum difference requirement

    Next time, read the yellow banner (top) and provide a sample sheet with expected answers... this is a guess based on your description.

    =MAX(B2+200,CEILING(1.2*B2,100))

    see file.
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    Re: Create a lower and upper estimate with a £200 minimum difference requirement

    assuming your calculated upper estimate is in A1 and the lower estimate is in B1,

    =MAX(A1,B1+200)

    Does that help?
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    Re: Create a lower and upper estimate with a £200 minimum difference requirement

    Hi Glenn,

    Apologies I thought I'd saved the sheet, I will make sure it's saved for next time. But that is exactly what I needed, thanks for taking the time to help me.

    Thanks
    Eileen

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    Forum Moderator Glenn Kennedy's Avatar
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    Re: Create a lower and upper estimate with a £200 minimum difference requirement

    You're welcome.



    It would be very nice if you were to just click the Add Reputation button at the foot of any of the posts of members who helped you reach a solution.

    Finally, if that takes care of your original question, please select "Thread Tools" from the menu link (just above the first post in the thread) and mark this thread as SOLVED.

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