Formula or script help

aminnuto

New Member
Joined
Oct 13, 2004
Messages
15
Hi.

I need a way to calculate this...

The scenario is:
I have 100 sales people.

In a month, Each of these sales people produce sales that result in the company with 100.00 net profit.

We have each sales person on a list that is sorted Most to Least profit generated.

We want to divide that 100.00 amongst all 100 sales people but weighted proportionate to their positon on this list. The higher their Rank (lowest number), the higher the share of the Bonus amount they should get.


The total cash distributed will be 100.00 but it should be distributed more to the highest person and least to the lowest person. Everyone in between gets a share that is increased or decreased depending on their Rank.


So, the question is, how would I create that in Excel?
 

Excel Facts

Round to nearest half hour?
Use =MROUND(A2,"0:30") to round to nearest half hour. Use =CEILING(A2,"0:30") to round to next half hour.
Good to hear you got the solution.
If you would like to post the solution then it is perfectly fine to mark your post as the solution to help future readers. Otherwise, please do not mark a post that doesn't contain a solution.
 
Upvote 0

Forum statistics

Threads
1,215,220
Messages
6,123,698
Members
449,117
Latest member
Aaagu

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top