The following table is the commission schedule for the example:
|
$ Sales |
% Commission
|
|
100 |
5 |
|
250 |
10 |
|
500 |
15 |
|
100 |
20 |
Enter the sales value in cell A1: 500
Enter the following formula to calculate the commission percentage:
=IF(A1>1000,20,IF(A1>500,15,IF(A1>250,10,IF(A1>100,5,"No"))))&"%
commission"
The Result - 10% commission
|