To retrieve the price for a specified item that matches with specified brand, we will use a combination of "IF" & "LOOKUP" functions to get the output.
The "IF function" checks if a condition you specify is TRUE or FALSE. If the condition returns TRUE then it returns preset value, and if the condition returns FALSE then it returns another preset value.
Syntax = IF(logical_test,value_if_true,value_if_false)
"LOOKUP":Looks up a value either from a one-row or one-column range or from an array. Provided for backward compatibility.
Let us take an example:
We have list of items in column A and Brand list in column B. We need to find a formula that will give the price as a result in column C based on the conditions matched in column A & B. The fixed price list is saved in column E to G.
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