Help with Excel Formula

manshah

New Member
Joined
Jun 4, 2019
Messages
9
I’m running into a scenario where I need help with formula in excel.

Here is the situation:
I have a product pricing work book where client will select the product they want to buy and it shows the list price in column labeled "List Price " in the image below. Client will also select the currency they would like to use to buy the products. Based on the currency selection list prices will update in "list price" column. .
1690320583353.png

If they select more than one product, than following discounted pricing should be applied.

For USD:

First Product : Full retail price (price reflected in column G)

Second Product: $90 (flat)

Third Product: $70 (flat)

Fourth Product: $50 (flat

Fifth Product: $50 (flat)

And so on until the total price max out at $650. Once it reaches $650 it does not matter how many products they selected (it could be 5 or 15), price will stay at $650.

Below is the discount pricing table for each currency.



US Dollars​
CANGBPEuros
First Product
Full retail price​
Full retail price​
Full retail price​
Full retail price​
Second Product
90​
110​
70​
80​
Third Product
70​
90​
60​
60​
Fourth Product
50​
60​
40​
50​
Fifth Product
50​
604050
Sixth
50​
604050
Seventh
50​
604050
So on
Max
650
815
560
510


At the end I would like to show them the table which list all the products selected with their list price and discounted price

End Result Example:

For US Dollars

Product Summary (1 audience)
List PriceDiscounted Price
Product 1$ 340$ 340.00
Product 2$ 255.00$ 90
Product 3$ 220.00$ 70
Product 4$ 170.00$ 50
Product 5$ 85.00$ 50
Product 6$ 80.00$ 50
Product 7$ 70.00$ -
Product 8$ 55.00$ -
Product 9$ 50.00$ -
Product 10$ 45.00$ -
Product 11$ 35.00$ -
Product 12$ 30.00$ -
Total$ 1,435.00
$650​


I worked on the formulas and tried to achieve above result in attached workbook in cells AC9 through AE23. But sometimes it works and sometimes it does not since product 1 list price will be different.

Any work around to that problem? Any formula that will help to achieve this result?

Your help will be greatly appreciate.

Thank you.
 

Excel Facts

Workdays for a market open Mon, Wed, Friday?
Yes! Use "0101011" for the weekend argument in NETWORKDAYS.INTL or WORKDAY.INTL. The 7 digits start on Monday. 1 means it is a weekend.
Hi, I tried to replicate a simplified version of your data. Please see below steps I took:
1. Add discount table as a reference table in columns I to M.

1690537890662.png


2. Compute the maximum discounted price in column F by referencing the discount table. This will change according to the currency selected in Cell C1, and also the product S/N in column A.
Excel Formula:
=IF($A4=1,$C4,IF($A4>=4,INDEX($J$6:$M$12,4,MATCH($C$1,$J$4:$M$4,0)),INDEX($J$6:$M$7,MATCH($A4,$I$6:$I$7,0),MATCH($C$1,$J$4:$M$4,0))))

3. Compute the cumulative max discounted price in column G

4. Compute the discounted price in column D which gets the discounted price from Column F, but once the cumulative value in column G reaches or exceeds the Max discount for the selected currency, it will show 0
Excel Formula:
=IF(G4<=INDEX($J$13:$M$13,1,MATCH($C$1,$J$4:$M$4,0)),F4,0)

In summary, Columns B, C and D would be what you show your customer, while Columns F and G are helper columns to assist in the calculation of Column D.

Is this what you need?
 
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