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Calculating total fees based on different fee brackets (for eBay fees)

  1. #1
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    Calculating total fees based on different fee brackets (for eBay fees)

    Here is what I am trying to calculate. The following are fees for whatever a given total purchase comes to... so it is basically totalPurchase minus the following... this is a free calculator I am trying to build.
    7.0% of the initial $50.00, plus 5.0% of the next $50.01–$1,000.00, plus 2.0% of the remaining balance ($1,000.01–total cost to buyer)
    This is how I have done it but the middle equation is what I think I have wrong.
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    Last edited by flipjarg; 06-08-2012 at 11:28 AM. Reason: solved!

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    Forum Expert tigeravatar's Avatar
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    Re: How would you calculate this?!

    flipjarg,

    Give this a try:
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    Hope that helps,
    ~tigeravatar

    Forum Rules: How to use code tags, mark a thread solved, and keep yourself out of trouble

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    Re: How would you calculate this?!

    Check your order of operations, i.e. your bracket placement.
    B.Econ, CFA

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    Re: How would you calculate this?!

    Nice, thanks for the added error checking. Unfortunately, according to eBay's clumsy fee calculator, both of our calculations are off. My original equation brings up about $20 too high and your equation is about $30 too low. As suggested before, I looked at the "order of operations, i.e. your bracket placement" but couldn't find anything I thought was wrong. I am not familiar with the MIN() and MAX() syntax at this time, so maybe I missed something.


    I am just going for the straight fees (not including insertion fees) at this time. All of my other calculations are correct except for the price bracket $1000.01 and higher. The calculator: http://pages.ebay.com/sellerinformat...alculator.html

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    Forum Expert shg's Avatar
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    Re: How would you calculate this?!

    Maybe ...

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    In B2 and down,

    =A2 - SUMPRODUCT((A2>{0,50,1000}) * (A2-{0,50,1000}) * {7,-2,-3}%)
    Entia non sunt multiplicanda sine necessitate

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    Re: How would you calculate this?!

    Your post does not comply with Rule 1 of our Forum RULES. Your post title should accurately and concisely describe your problem, not your anticipated solution. Use terms appropriate to a Google search. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will be addressed according to the OP's experience in the forum: If you have less than 10 posts, expect (and respond to) a request to change your thread title. If you have 10 or more posts, expect your post to be locked, so you can start a new thread with an appropriate title.
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    Re: How would you calculate this?!

    Okay, it looks like all of these were good options... I was using the wrong percentage in one of my variables. Thank you for the help.. this is now solved, with a lot of good input for anyone else who might need this info in the future! Thank you!

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