Calculate commission percentage based on a commission schedule in Microsoft Excel 2010

In this article we will learn how to calculate the commission percentage based on a commission schedule, we will use the IF function in Microsoft Excel 2010.* *

**IF: -** Checks whether a condition is met and returns one value if True and another value if False.

The syntax of “IF” function =if(logical test,[value_if_true],[value_if_false])

The function will perform a logical test and give the result based on whether its true or false.

*For example, **Cells A2 and A3 contain the numbers 3 and 5. If the number is 3, the formula should display “Yes”, else “No”. *

*=IF (A1=3,”Yes”,”No”)*

Now let’s take an example to understand how to calculate the commission percentage based on a commission schedule.

We have sales data. Column A contains Agent’s city, Column B contains Agents, column C contains the sales amount. In column D, we need to calculatethe commission % age as per the criteria.

The criteria is:-

1. If the sales amount is 1000,the commissionshouldbe 20%.

2. If the sales amount is 500,the commissionshould be 15%.

3. If the sales amount is 250,the commissionshould be 10%.

4. If the sales amount is 100,the commissionshould be 5%.

5. For sales less than 100,there should be no commission.

To calculatethe commission percentage based on the schedule, follow the below given steps:-

- Select the cell D2.

Write the formula

=IF(C2>1000,20,IF(C2>500,15,IF(C2>250,10,IF(C2>100,5,0))))&”%”.

- Press Enter on your keyboard.
- The function will return the commission %age as per the criteria.

- To return the commission %age for all the agents, copy the same formula by pressing the key Ctrl+C and paste in the range D3:D11 by pressing the key Ctrl+V on your keyboard.

This is the way we can calculate the commission percentage based on a commission schedule in Microsoft Excel.

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I have commission amount i want this amount percentage

I need to calculate the same with following added condition. Please help.

>1000, commission shall on prorate basis.

Ex:

If its 2000, it would be 40%

if its 1500, commission would be 20+15=35% ans so on.

Please provide formula