Formula for tiered pricing

BarbSs

New Member
Joined
Jul 15, 2018
Messages
1
I cannot find a formula that works for tiered pricing. Please help.

1-6000 gals is priced at $3.55 per 1000 gals ($0.00355 per gallon)
6000-25000 gals is priced at $3.95 per 1000 gals ($0.00395 per gallon)
25000 gals and up is priced at $4.40 per 1000 gals ($0.00440 per gallon)

I want to set up a formula that returns the total price when I put in the total number of gallons. So if the total of gallons is 33,144 the formula should give me a total cost based on all those tiers.

I tried using sumproduct but can't get it to work. All of the formulas I have found have price breaks. This formula needs to calculate price increase.

Any ideas? Thanks!
 

Excel Facts

Get help while writing formula
Click the italics "fx" icon to the left of the formula bar to open the Functions Arguments dialog. Help is displayed for each argument.

Excel 2010
BCDEFG
1GallonsAmountBracketsRatesDelta
233,144.00132.1800.0035500.003550
36,0000.0039500.000400
425,0000.0044000.000450
5
6T10_1807a2d
2d
Cell Formulas
RangeFormula
C2=SUMPRODUCT(--(B2>rB),B2-rB,rD)
F2=3.55/1000
G2=F2-N(F1)
Named Ranges
NameRefers ToCells
rB='2d'!$E$2:$E$4
rD='2d'!$G$2:$G$4
 
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