MEGA FORMULA

[Guest]

I am trying to create a formula for which I need to calculate a discount
percentage based on supplier spend. For example, a supplier may receive a
discount of .25% based on spend between $1.00 and $100,000.00, .31% based on
spend between $ 100,001.00 and $ 150,000.00 and a .38% discount based on
spend between $ 150,001.00 and $ 200,000.00. We have been trying several
options but it doesn't seem to be working.

 

[Bearacade]

200000"))

 

[Bob Phillips]

Create a table of

1 .25%
100000 .31%

etc., in M1:N10 say

and then use

=VLOOKUP(K1,M1:N10,2,TRUE)
--

HTH

Bob Phillips

(replace xxxx in the email address with gmail if mailing direct)

 

[Domenic]

Assuming that A2 contains the amount the supplier spent, try...

=IF(A2>200000,"Exceeds
200,000",LOOKUP(A2,{1,100001,150001},{0.0025,0.0031,0.0038}))

Hope this helps!

 

[David Biddulph]

I am trying to create a formula for which I need to calculate a discount
percentage based on supplier spend. For example, a supplier may receive a
discount of .25% based on spend between $1.00 and $100,000.00, .31% based
on
spend between $ 100,001.00 and $ 150,000.00 and a .38% discount based on
spend between $ 150,001.00 and $ 200,000.00. We have been trying several
options but it doesn't seem to be working.

=A1-(0.0025*MIN(A1,100000)+0.0031*MIN(MAX(0,A1-100000),50000)+0.0038*(MIN(MAX(0,A1-150000),50000)))

 

[Arvi Laanemets]

Hi

Discount percent is
=(0.25+(A1>100000)*0.06+(A1>150000)*0.07+(A1>200000)*x)

Arvi Laanemets