How to return a single value for a range of numbers

[Guest]

I need a formula to return a value in a column (say column B) for a number in
Column A based on a range: EX: As in grading, A = 90-100, B=80-90, etc.
I have a column of data of various salaries. If the salary is between x and
x, i need to return a corresponding letter set up by our salary grades.


example: here are the values
Grade Level A 29,000 - 30,000
Grade Level B 25,000 - 28,999
Grade Level C 23,000 - 24,9000

Column A Column B
Salary Grade Level
$29,500.00 A
$26,500.00 B
$25,100.00 B
$24,000.00 C

I want a formula in column B, that returns the corresponding value from
column A in column B. I tried IF statements using > and = but I cannot get
it to recognize the range. thanks!

 

[Guest]

If you create a table of mimimum salary and associated grade, sorted so that
the lowest salary is at the top of the list, then this is a perfect
application of the vlookup function. Suppose your table is in the range
$A$1:$B$6, with salary in column A and associated grade in column B. Then if
you have an employee's salary in A20; the associated grade is found in B20
using the formula =vlookup(a20,$A$1:$B$6,2).
--Bruce

 

[Peo Sjoblom]

One way

=VLOOKUP(A2,{0,"C";24999,"B";29000,"A"},2)

where A2 is the first salary (29500)

you can create a table that in your example should look like

0 C
24999 B
29000 A


you can refer to that table as well

=VLOOKUP(A2,$E$2:$F$4,2)

copy down both formulas will return your desired result


--
Regards,

Peo Sjoblom

Portland, Oregon

 

[Govind]

Hi,

Have your matrix of salary values and Grade level built like this:

Lowest value in salary range Grade level

23,000 C
25,000 B
29,000 A

Then, use this formula in column B

=VLOOKUP(A1,RANGE,2,TRUE)

where Range refers to the range where you have your salary & grade matrix.

Regards

Govind.