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Spread Sheet Help again

  1. #1
    Registered User
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    Spread Sheet Help again

    Here it is hope someone can help me out one more time?

    I sell something for $25.00 or lower the fee is 5.25% ($1.31), But if its more $25.01 to $1,000.00 fee is 5.25% of the initial $25.00 ($1.31), plus 2.75% of the remaining closing value balance ($25.01 to $1,000.00)

    Cell H1 is $25.00 then Cell J1 is $1.31 (5.25%)
    Cell H1 is $25.01 then Cell J1 is $1.31 (5.25%)plus 2.75%
    Can I have them in the same cell somehow is this possable?
    Thanks for the help
    Last edited by califman1961; 02-18-2005 at 03:17 PM. Reason: typo

  2. #2
    Forum Contributor
    Join Date
    06-23-2004
    Location
    Houston, TX
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    Quote Originally Posted by califman1961
    Here it is hope someone can help me out one more time?

    I sell something for $25.00 or lower the fee is 5.25% ($1.31), But if its more $25.01 to $1,000.00 fee is 5.25% of the initial $25.00 ($1.31), plus 2.75% of the remaining closing value balance ($25.01 to $1,000.00)

    Cell H1 is $25.00 then Cell J1 is $1.31 (5.25%)
    Cell H1 is $25.01 then Cell J1 is $1.31 (5.25%)plus 2.75%
    Can I have them in the same cell somehow is this possable?
    Thanks for the help
    Enter this in Cell J1 :

    =if(H1<=25,H1*5.25%,1.31+(H1-25)*2.75%)

    The above formula covers sales even above $1000 though. If you need another percentage for sales over $1000, just post back.

    Regards.
    BenjieLop
    Houston, TX

  3. #3
    JE McGimpsey
    Guest

    Re: Spread Sheet Help again

    One way:

    =ROUND(SUMPRODUCT(--(H1>{0,25}),(H1-{0,25}),{0.0525,-0.025}),2)

    See

    http://www.mcgimpsey.com/excel/variablerate.html

    for an explanation of the formula, and a way to extend it beyond $1,000.

    In article <[email protected]>,
    califman1961 <[email protected]> wrote:

    > Here it is hope someone can help me out one more time?
    >
    > I sell something for $25.00 or lower the fee is 5.25% ($1.31), But if
    > its more $25.01 to $1,000.00 fee is 5.25% of the initial $25.00
    > ($1.31), plus 2.75% ($0.68)of the remaining closing value balance
    > ($25.01 to $1,000.00)
    >
    > Cell H1 is $25.00 then Cell J1 is $1.31 (5.25%)
    > Cell H1 is $25.01 then Cell J1 is $1.31 (5.25%)plus 2.75% or $1.99
    > Can I have them in the same cell somehow is this possable?
    > Thanks for the help


  4. #4
    Registered User
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    02-11-2005
    Posts
    10

    Smile BenjieLop

    Thanks again!!!

  5. #5
    Forum Contributor
    Join Date
    06-23-2004
    Location
    Houston, TX
    Posts
    571
    Quote Originally Posted by califman1961
    Thanks again!!!
    You're welcome ... thanks for the feedback.

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