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Calculate price based on quantity

  1. #1
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    Question Calculate price based on quantity

    Hi everyone,

    I`m relatively inexperienced with Excel, searched for a few days and have not been able to figure out how to calcuate this value.

    I have multiple worksheets to work out financials. I have a separate worksheet with the pricing breakdown based on volume. 2 columns
    0 - 99,999 0.05
    100,000 - 499,999 0.04
    500,000 - 999,999 0.03
    1,000,000+ 0.03

    On a separate worksheet I want to add I6+I7, depending on the value multiply it by the value in the second column. So if the total is 520,000 then multiply it by 0.03.

    I would really appreciate any help.

    Thanks!
    Last edited by DieselNash; 04-21-2009 at 10:50 AM.

  2. #2
    Forum Expert NBVC's Avatar
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    Re: Calculate price based on quantity

    In the first column only list the bottoms of the ranges..

    e.g

    0
    100000
    500000
    1000000

    Then multiply by:

    Lookup(A1,Sheet2!$A$1:$B$4)

    where A1 is your lookup value and table is in Sheet2!A1:B4
    Where there is a will there are many ways.

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  3. #3
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    Re: Calculate price based on quantity

    Thanks, it is working like a charm!

  4. #4
    Forum Expert NBVC's Avatar
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    Re: Calculate price based on quantity

    Would you kindly mark your thread as Solved.?

    How to mark a thread Solved
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  5. #5
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    Re: Calculate price based on quantity

    Actually one last question, what could I add that would zero out the lookup of the quantity is zero?

    Meaning if the quantity is nill, I do not want to have a rate inserted? Not sure if this makes sense.

    I will certainly mark the thread as solved.

  6. #6
    Forum Expert NBVC's Avatar
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    Re: Calculate price based on quantity

    You can change your table to:

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