I am struggiling to come up with a commission formula that uses our varying commisson schedule. The formula needs to apply a commision rate based on a gross profit percentage. Our schedule is below. I need a formula that includes all these rules. I tried making it with if/than statments, but failed miserably. Can this be done? Any help would be much appreciated.
Gross Profit % Commission Rate
25% and > 0.2
24 0.193
23 0.186
22 0.18
21 0.172
20 0.166
19 0.16
18 0.152
17 0.146
16 0.14
15 0.133
14 0.126
13 0.12
12 0.113
11 0.107
<=10 0.1
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