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Problem regarding IF Function.

  1. #1
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    Dhaka, Bangladesh
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    Problem regarding IF Function.

    Dear concern,

    Would you please make me understand the below formula in a better way.



  2. #2
    Administrator FDibbins's Avatar
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    Duncansville, PA USA
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    Excel 2000/3/7/10/13/16/365

    Re: Problem regarding IF Function.

    Hi, welcome to the forum

    You have a series of nested IF()'s there

    The 1st part is to test if C2>=11000, which will produce a TRUE or FALSE result

    if TRUE, do the 1st of the next 2 IF()'s...
    This 1st tests to see if half of C2*50% <= 6200, if it is, it uses 6200, otherwise it used half of C2

    If C2 < 11000, it does the last IF()...
    This 1st tests to see if C2*60%<=3400, if it is, it uses 3400 otherwise it uses C2*60%

    This could also have been shortened to this...
    1. Use code tags for VBA. [code] Your Code [/code] (or use the # button)
    2. If your question is resolved, mark it SOLVED using the thread tools
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