Hi guys,
I am hoping someone can help with an excel formula. I have the following example:
if sum of records is under 1000 then multiple by 5%. If cumulative of values goes over 1000, it needs to multiply by 10.
On row 3 below, the sum of 200+300+550 = 1050. So, I need a formula to split the 550 into 500*.05 and 50*.10 so the result will come up as 30.
1)200, result 10
2)300, result 15
3)550, result 30
4)400, result 40
5)600, result 60
Any easy way of doing this?
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