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Prorated Percentage Calculation

  1. #1
    macmichele
    Guest

    Prorated Percentage Calculation

    I need help with calculating a prorated percentage:

    at 80% of plan pay 5% of salary
    at 100% of plan pay 10% of salary
    at 120% of plan pay 15% of salary

    I have to prorate % of salary to pay based on the % of plan achieved.
    (ie: 90% of plan = 7.50% of salary)

    Is there a formula I can use to do this easily?

    Thanks again!


  2. #2
    Peter Aitken
    Guest

    Re: Prorated Percentage Calculation

    "macmichele" <[email protected]> wrote in message
    news:[email protected]...
    >I need help with calculating a prorated percentage:
    >
    > at 80% of plan pay 5% of salary
    > at 100% of plan pay 10% of salary
    > at 120% of plan pay 15% of salary
    >
    > I have to prorate % of salary to pay based on the % of plan achieved.
    > (ie: 90% of plan = 7.50% of salary)
    >
    > Is there a formula I can use to do this easily?
    >
    > Thanks again!
    >


    =0.05 + (X-0.8)/4

    where X is the % of plan achieved as a decimal (90%=0.9, etc.).'



  3. #3
    Bill Kuunders
    Guest

    Re: Prorated Percentage Calculation

    one way


    =IF(C1<60,0,(C1-60)*0.25)

    where c1 is the cell to enter the variable
    if c1 is smaller than 60 it will not deduct anything.

    --
    Greetings from New Zealand
    Bill K

    "macmichele" <[email protected]> wrote in message
    news:[email protected]...
    >I need help with calculating a prorated percentage:
    >
    > at 80% of plan pay 5% of salary
    > at 100% of plan pay 10% of salary
    > at 120% of plan pay 15% of salary
    >
    > I have to prorate % of salary to pay based on the % of plan achieved.
    > (ie: 90% of plan = 7.50% of salary)
    >
    > Is there a formula I can use to do this easily?
    >
    > Thanks again!
    >




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