Help with Excel Formula to find the price based on industry and number of transactions

Hi All,

Hope you are doing well!..I am trying to determine the price for my input table which has the specific industry type and the average monthly transactions based on the reference table 1 which has the price for different industries (these represent the A tier prices) and the reference table 2 which classifies the price tier based on the average monthly transactions..Reference table 1 has the price for pricing tier A for all the industries .. The price for tier B is calculated as 90% of price of Tier A price; the price for tier C is calculated as 90% of price of Tier B price and so on...Can you please help here...Attached the sample excel workbook with the input tables and the expected output table..


Thanks,
Arun

You need to change the 10001+ in cell M7 of the Input sheet to just 10001 (i.e. the start of the next range), then you can use this formula in D2 of the Input sheet:

=VLOOKUP(B2,$H$2:$I$4,2,0)*POWER(0.9,MATCH(C2,$M$2:$M$7)-1)

or if you want it in C2 of the Output sheet:

=VLOOKUP(A2,Input!$H$2:$I$4,2,0)*POWER(0.9,MATCH(B2,Input!$M$2:$M$7)-1)

Copy the formulae down as required.

Hope this helps.

Pete

Thank you so much @Pete!..Can you please share with mw your excel sheet with formula..

Sure, it's attached, although you could just copy the formula from this site and then paste it into the relevant cell.

Hope this helps.

Pete

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Pete