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Variable commission calculation

  1. #1
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    Question Variable commission calculation

    If anyone can help me with a problem I would be grateful

    I am trying to figure a commission in a cell that is variable dependent on the data in another cell.

    The commission earned (cell O3) will be either 10, 8 or 5% depending on what value cell L3 shows. If L3 shows $3.00 or higher than O3 needs to calculate 10% of cell K3, if L3 shows $2.80-$2.99 then O3 needs to calculate 8% of K3 and if L3 shows $2.60-$2.79 O3 needs to calculate 5% of K3.

    Hopefully I've explained what I'm trying to do well enough, thanks for any help I can get in advance!

  2. #2
    Forum Expert JBeaucaire's Avatar
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    Re: Variable commission calculation

    So, something like this in O3:

    =K3 * LOOKUP(L3, {2.6,2.8,3},{0.05,0.08,0.1})
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  3. #3
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    Re: Variable commission calculation

    Awesome, that's perfect. Thank you very much

  4. #4
    Forum Expert JBeaucaire's Avatar
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    Re: Variable commission calculation

    If that takes care of your need, be sure to EDIT your original post, click Go Advanced and mark the PREFIX box [SOLVED].


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