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Calculating % of cost with different tiers

  1. #1
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    Calculating % of cost with different tiers

    Hi

    We use an agency at work and they have a tiered pricing structure.
    So:

    All monthly spend below £7,500 – 11%
    All spend between £7,501 and £15,000 – 10%
    All spend between £15,001 and £25,000 – 9%
    Spend above £25,000 – 8%

    So if we spend £10,000 it would be (£7,500 x 11%) £825 + (£2,500 x 10%) £250 = 1,075.

    I'm trying to work out a formula that will just calculate fees if we change the spend figure.

    I've had a look at http://www.excelforum.com/excel-gene...nt-levels.html but couldn't quite figure out a way to get this to work.

    Any help you can get would be really appreciated.

    Let me know if you need anything else.

    Thank you!
    Kane

  2. #2
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    03-26-2012
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    Re: Calculating % of cost with different tiers

    This should work. Just input the total where prompted.
    Attached Files Attached Files

  3. #3
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    Re: Calculating % of cost with different tiers

    Excellent. Thank you so much!

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