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If greater than sum...

  1. #1
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    If greater than sum...

    Hi all,

    I have had a good search and cant quite find what I am looking for so here goes....

    I have a column of cells from i9 to i26 with each cell containing a value. In cell i32 I want it to find the sum of the above and then look at the sum and then multiply it by a predetermined commision rate if it falls with different bands. eg

    if the sum total of i9:i26=5000 the commission rate would be 20%
    if the sum total of i9:i26=15000 the commission rate would be 15%

    and so on.

    the commision rate bands are as follows:

    0 - 10,000 = 20%
    10,001 - 50,000 = 15%
    50,001 - 125,000 = 12.5%
    125,001 - 200,000 = 10%

    I hope someone can help - I am stumped!!

    Thanks

    Dan
    Last edited by NBVC; 09-23-2010 at 10:08 AM.

  2. #2
    Forum Expert NBVC's Avatar
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    Re: If greater than sum...

    try:

    =Lookup(Sum(I9:I26),{0,10001,50001,125001},{.2,.15,.125,.1})*Sum(I9:I26)
    Where there is a will there are many ways.

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  3. #3
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    Re: If greater than sum...

    Genius!!! works like a charm. Having looked at what I had tried to do its no wonder it didnt work!

    Thank you very much

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