Calculating Commissions

[Guest]

Help with the following.

Example:

A1 = Renewal sale or increase value from Existing Business (5% Commissions)
A2 = New Business from New Customers (7.5% Commissions)
A3 = Reduce Sale from Existing Business (3% Commissions)

Can someone help me with a formula that will return the correct commission
value in cell A4 based on the commission structure above?

Please note that all 3 cells will never be populated at the same time. Only
1 cell A1, A2, A3) will be populated per row.

 

[Guest]

hi,
try something like this....

=((A1*0.05)+(A2*0.07)+(A3*0.03))

regards
FSt1

 

[JE McGimpsey]

One way:

=SUMPRODUCT(A1:A3,{0.05,0.075,0.03})*A4

 

[John]

Well if 'never' really means never then how about this:

=SUM((A1*0.05),(A2*0.075),(A3*0.03))

Hope that helps

John

 

[JE McGimpsey]

Oops, delete the *A4



=SUMPRODUCT(A1:A3,{0.05,0.075,0.03})