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Math Formulas and Increments

  1. #1
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    04-07-2010
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    Excel 2003
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    Question Math Formulas and Increments

    Right. So, here's what I need to do:

    I'm developing a pretty specific pricing-related spreadsheet for work. One of the primary functions is to try and calculate a customer discount amount based on a total amount involving increments.

    For example, my customer will get a discount of $5 for every $50 they spend. I'd like Excel to calculate that discount based on what my customer spends. If my customer spends $175, then Excel should calculate my customer's discount as $15 (there are 3 increments of $5 in $175).

    I hope this makes sense to everyone. Is this even possible in Excel? Anyone? Thank you in advance for your help!!

  2. #2
    Forum Expert Paul's Avatar
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    Re: Math Formulas and Increments

    Hi Azexlusr, welcome to the forum.

    If A10 holds the amount your customer spent, then in another cell use this formula to calculate the discount:

    =INT(A10/50)*5

    Or, you could subtract that formula from the amount in A10 to get a net total, e.g.

    =A10-(INT(A10/50)*5)

    Hope that helps!

  3. #3
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    Re: Math Formulas and Increments

    Paul,

    That was brilliant! Thank you for the quick (and correct) answer.

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