VLOOKUP / HLOOKUP

Aristo

New Member
Joined
Nov 15, 2005
Messages
7
Hello everybody :rolleyes: ?
I am a bit new to excel, I am trying to calculate a financial spreadsheet for a business, I am having trouble using VLOOKUP to calculate a scenario were the owner gets a 2.5% discount if cost of materials is between £300 and £350, and gets 5% discount if cost of materials is greater than £350.
I would really appreciate it if anyone could help me.....
 

Excel Facts

How to total the visible cells?
From the first blank cell below a filtered data set, press Alt+=. Instead of SUM, you will get SUBTOTAL(9,)
Welcome to the board.

If A1 has the original price,

=A1*LOOKUP(A1,{0,1;300,0.975;350,0.95})

will return the after-discount price.
 
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