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Tiered Pricing Commission Calculation

  1. #1
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    Excel 2003
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    Tiered Pricing Commission Calculation

    Hi Guys.

    I have seen a lot of Questions/Answers on doing a Tiered Pricing Calculation, and now I have my own questions on this problem.

    Scenario:

    Between 1 - 500,000 Hits $1.00
    Between 500,000 and 1Mill Hits $0.50
    Over 1Million Hits $0.25

    good news is here is the Formula I am using.... and It Works!

    =SUMPRODUCT(--(C8>={0,500000,1000000}),C8-{0,500000,1000000},{1,-0.5,-0.25})

    BUT,

    Instead of hardcoding in the pricing into the array, how can I reference cells on the sheet, so that other people can alter the rates without changing the formulas.

    I tried substituting the 1, -0.5, and -0.25 with A1, B1, C1... but all I get is errors.

    Is there a certain syntax or something I'm not getting ???
    or can an array not have a nested variable ?

    Thank You
    Attached Files Attached Files

  2. #2
    Forum Expert daddylonglegs's Avatar
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    01-14-2006
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    England
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    2016
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    14,675

    Re: Tiered Pricing Commission Calculation

    Try this version

    =SUMPRODUCT(--(C8>={0;500000;1000000}),C8-{0;500000;1000000},B2:B4-B1:B3)

    B1 should remain blank......
    Audere est facere

  3. #3
    Forum Guru MarvinP's Avatar
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    Office 365
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    Re: Tiered Pricing Commission Calculation

    Hi kludge and welcome to the forum,

    I alway use a table and vlookup to do these kinds of problems. Look at the attached where you can change the table values and VLookup with a True Argument.
    Attached Files Attached Files
    One test is worth a thousand opinions.
    Click the * Add Reputation below to say thanks.

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