Divide a cell by 2 and then add that together

[Guest]

I am trying to get an overtime rate to automatically calculate in an excel
spreadsheet. I want to take the hourly rate in one cell divide it by 2 and
then add the hourly rate to the rate I got by dividing and put that total
into another cell. Example: Cell G5 is hourly rate of $10.00. I want to
divide that by 2 which will give me $5.00. I want to add the $10.00 & $5.00
together giving me $15.00 and I want that to go into say cell K5. Does
anyone know how to do this?

 

[JE McGimpsey]

One way:

K5: =G5 * 1.5

 

[Bob Phillips]

=G5*1.5

--
HTH

Bob Phillips

(remove nothere from email address if mailing direct)

 

[Guest]

I came into work this morning very anxious to try the formula and it worked
great. I put it in the cell that I wanted the answer in like this
=sum(k5*1.5) and it worked great. Thank you so much for your help.

 

[Guest]

I came into work this morning very anxious to try the formula and it worked
great. I put it in the cell that I wanted the answer in like this
=sum(k5*1.5) and it worked great. Thank you so much for your help.

 

[JE McGimpsey]

Note that the SUM() in your formula is not necessary, simply applying a
another function to the value returned by k5*1.5, returning the same
value.

 

[Bob Phillips]

No need for SUM, nothing is being summed so it is superfluous.

--
HTH

Bob Phillips

(remove nothere from email address if mailing direct)

 

[Guest]

Okay, thanks again.

Note that the SUM() in your formula is not necessary, simply applying a
another function to the value returned by k5*1.5, returning the same
value.

 

[Guest]

Thank you very much.

No need for SUM, nothing is being summed so it is superfluous.

--
HTH

Bob Phillips

(remove nothere from email address if mailing direct)