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Problem regarding IF Function.

  1. #1
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    Problem regarding IF Function.

    Dear concern,

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

    =IF(C2>=11000,IF(C2*50%<=6200,6200,C2*50%),IF(C2*60%<=3400,3400,C2*60%))

    Regards
    Shakil

  2. #2
    Administrator FDibbins's Avatar
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    Re: Problem regarding IF Function.

    Hi, welcome to the forum

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

    =IF(C2>=11000,IF(C2*50%<=6200,6200,C2*50%),IF(C2*60%<=3400,3400,C2*60%))
    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...
    IF(C2*50%<=6200,6200,C2*50%)
    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...
    =IF(C2>=11000,MAX(6200,C2*50%),MAX(3400,C2*60%))
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    Regards
    Ford

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