Formula that pays out on tiers

johns99

Board Regular
Joined
Jun 11, 2013
Messages
223
Office Version
  1. 365
Platform
  1. Windows
Hello,

I'm trying to come up with a formula that will pay commissions based on a tiered approach. So any sales that result in 65 to 95 would pay $10 each, any lower than 65 would be $8 each, then I would like to total this. Any suggestions?

Thanks in advance.

TargetAmt per AcceptanceTotal Commission
15$8.00
$120.00​
25$8.00
$200.00​
35$8.00
$280.00​
45$8.00
$360.00​
55$8.00
$440.00​
65$10.00
$650.00​
75$10.00
$750.00​
85$10.00
$850.00​
95$10.00
$950.00​
105$15.00
$1,575.00​
115$15.00
$1,725.00​
125$15.00
$1,875.00​
135$15.00
$2,025.00​
 

Excel Facts

Which lookup functions find a value equal or greater than the lookup value?
MATCH uses -1 to find larger value (lookup table must be sorted ZA). XLOOKUP uses 1 to find values greater and does not need to be sorted.
Try This:

in B2 =IF(A2>95,15,if(A2>=65,10,8)) drag down

in C2 =A2*B2 drag down
 
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