Need help with a % or $ value formula for excel

  • Thread starter Thread starter Guest
  • Start date Start date
G

Guest

Trying to come up with a formula for a spreadsheet that I am creating. What
I am needing help on is this- i have a total value for a product and the
mark up is either 6% or $4500 which ever is greater. How would I do that?
D33 is my total cost value and D35 is the box I need this formula for.
PLEASE HELP!!
 
Oops

Why the "Oops"?
=IF(D33*0.06<4500,D33+4500,D33+(0.06*D33))

Here is a shorter alternative...

=D33+MAX(4500,0.06*D33)

Rick
 

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