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Help with formula please...
Hi all, Could anyone help with this formula? http://www.neilcarden.pwp.blueyonder...s%20scheme.xls I want to work out the percentage of a salary based on a target achevied or not. Please have a look at the example. If someone reaches 83% of target, then it falls into the 81-90% bracket and they receive 2% of their salary, which populates in the bonus acheived cell. However if they acheive 93%, it falls under the 3% bracket etc... Sound simple, but i can't fathom it out... Thanks Neil -- neilcarden |
#3
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I looked at your example. Format cells C8:C10 as percent so to correlate to the sales percent. Title these as Minimum or whatever as a reminder. Only enter the minimum needed for the bonus, don't enter a range. Formula in cell H7 is then =VLOOKUP(G4,C810,2)*D4 Without having the last argument (True or False) in the Vlookup the table C810 must be sorted ascending as the Vlookup will return the value in the range D810 that corresponds to the largest value in C8:C10 that is less than the value found in cell G4. -- DCSwearingen ------------------------------------------------------------------------ DCSwearingen's Profile: http://www.excelforum.com/member.php...o&userid=21506 View this thread: http://www.excelforum.com/showthread...hreadid=467483 |
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