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Commission claim against specific profit range

  1. #1
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    Commission claim against specific profit range

    I am a portfolio manager and I owe some profit comission my clients. what will be the best soluion to calculate a specific condition (attached file)

    Usually when my client earns-
    up to 0-25% I claim 15% of their net profit.
    up to 25%+ to 50% I claim 20% of their net profit.
    up to 50%+ to 80% I claim 25% of their net profit.
    and over 80% I claim 30% of their net profit.

    So, I need your valuable suggestion and help to solve this.

    I always appreciate your support.

    Thanking in advance.


    rif
    Attached Files Attached Files

  2. #2
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    Re: Commission claim against specific profit range

    Formula for E2 =LOOKUP(D2*100,{0,25,50,80,100},{15,0.2,0.25,0.3,0.3})
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  3. #3
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    Thumbs up Re: Commission claim against specific profit range

    Thank you for your rapid support. I feel amazing to see the such a easy code. Salute!

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