How do I set a maximum value (e.g. cap at 200)

[LeeLobb]

I have a formula set to multiply a rate by a quantity, I then need to cap the
total at 200
example:
42 people x 86 minutes x $0.05 = $180.60
but I need the total to cap at $200 when a different amount of people is
entered and takes it above $200
make sense?

 

[PJFry]

Try this:
A B C D
42 86 .05 =IF(A1*B1*C1>200,200,A1*B1*C1)

 

[LeeLobb]

That works exactly how I wanted it...thanks for your assistance!

 

[Jacob Skaria]

Suppose you have your values in A,B,C

=IF((a1*b1*c1)>200,200,a1*b1*c1)

If this post helps click Yes

 

[JBeaucaire]

You can eliminate the double evaluation with a simple MIN() formula:

=MIN((A1*B1*C1,200)

This will always show the lower number...your formula or 200.

 

[JBeaucaire]

You can eliminate the double evaluation with a simple MIN() formula:

=MIN((A1*B1*C1,200)

This will always show the lower number...your formula or 200.

 

[PJFry]

Good point.
--
Regards,

PJ
Please rate this post using the vote buttons if it was helpful.