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cap of amounts

  1. #1
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    cap of amounts

    Hi there,

    I have a list of amounts in a column from £10,000 to say £20. I need to express in another column the amount after a £1,500 cap? What's the formulae please?

    Thx

  2. #2
    Forum Moderator - RIP Richard Buttrey's Avatar
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    Re: cap of amounts

    Hi,

    If you mean you want to know the sum of the numbers above £1500 then
    Formula: copy to clipboard
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    If you mean something else then upload an example and tell us what result you expect.
    Richard Buttrey

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  3. #3
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    Re: cap of amounts

    Thanks!

    What I was trying to get to was:
    - in column B the c30,000 rows of sales amounts with a range of £20-10,000
    - in cell A1 an entry of £1,500 (or another amount for modeling/sensitivity scenarios)
    - In column C the sales amount: actual if <£1,500; or capped/expressed as £1,500 (or whatever value in A1

    Thx
    Last edited by perinouk; 01-28-2017 at 08:57 AM. Reason: removal of name

  4. #4
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    Re: cap of amounts

    Are you saying that you just want to SEE the values in column B that are less than the value in A1?

    If so why not just Autofilter column B.

    If you want to extract the subset <A1 then use an Advanced Data filter.

  5. #5
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    Re: cap of amounts

    Thanks!

    I would like the sale value if ness than A1, or if greater, the value in A1

  6. #6
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    Re: cap of amounts

    If I understand correctly the following formula will populate column C with the values you wish:
    Formula: copy to clipboard
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    Attached Files Attached Files
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  7. #7
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    Re: cap of amounts

    Perhaps this will do
    Data Range
    A
    B
    C
    D
    1
    1500
    2
    Original
    Capped Amount
    3
    715
    715
    =MIN($A$1,B3)
    4
    4047
    1500
    5
    1004
    1004
    6
    2146
    1500
    7
    7169
    1500
    8
    7377
    1500
    9
    9605
    1500
    10
    9973
    1500
    11
    4860
    1500
    12
    863
    863
    13
    3596
    1500
    14
    3469
    1500
    15
    245
    245
    16
    5654
    1500
    17
    439
    439
    18
    2108
    1500
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  8. #8
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    Re: cap of amounts

    Perfect!!! Thank you JeteMc.

  9. #9
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    Re: cap of amounts

    You're Welcome and thank you for the feedback. I would be remiss if I didn't point out that newdoverman's MIN function yields the same values and probably uses less time/computing power. Please take a moment to mark the thread as 'Solved' using the thread tools link above your first post. I hope that you have a blessed day.

  10. #10
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    Re: cap of amounts

    @JeteMc
    Thank you for the mention.

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