minimum

[ridash]

hi

how can i do the following equation?


40$ if the sum is less than 1000$
75$ if the sum is less than 1001$ t0 3000$
100$ if the sum is less than 3001$
3001$ and up no minimum

all should go in one cell

thanks
Rid

 

[aidan.heritage]

I'd probably do it with a lookup myself, but

=if(CellTested<1000,40,if(CellTested<3000,75,if(CellTested<3001,100,"no
minimum")))

will do it for you - I've written it with the bounds you specified

 

[Dav]

It can be done with anested if statement or with a vlookup. however you
example ranges overlap and so an answer can not be given your thri
range <3000 is also covering the same date as your first 2 ranges

If you resate you will get an answer

Regards

Da

 

[aidan.heritage]

~Actually, the ranges don't overlap, but the last range is only a
dollar in size - hence my comment on my reply that I'd done it with the
ranges as specified!!

 

[Dav]

If you read my post I made no mention of the 4th range, however as the
third range does not have a lower bound, they do overlap

40$ if the sum is less than 1000$
75$ if the sum is less than 1001$ t0 3000$
100$ if the sum is less than 3001$
3001$ and up no minimum

in you logic 1000 is included in the less than 3000 statement, which
can not be true!

the 2nd statment makes no sense <1001 to 3000 yours would include 1000
as written

it is unclear also if < or <= should be used I would guess the later to
exclude gaps

Regards

Dav

Dav