Reconfiguring a formula to include "RoundUp"

TarkTeam4

New Member
Joined
Sep 11, 2021
Messages
2
Office Version
  1. 365
Platform
  1. Windows
(A)
I currently have a formula ... IF(AND(K8>2001,K8<15000),(K8-2000)*0.005)+60
K8 = $2460.00
Producing the final answer to be = $62.30
This formula works out perfectly.

(B)
However, I am now trying to add the "round-up" feature to the nearest thousand of the first portion of the formula ... IF(AND(K8>2001,K8<15000),(K8-2000)
(where again) K8 = $2460.00
Producing the answer to be = $460
Rounding up the answer to the nearest thousand would come out to = $1000

Then including the latter portion of the formula to the $1000 ... *0.005)+60
Bringing the final answer out to be = $65.00

How can I rewrite formula (A) that would include (B) "RoundUp" to the nearest thousand and get the results I am looking for?
 

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Fluff

MrExcel MVP, Moderator
Joined
Jun 12, 2014
Messages
65,992
Office Version
  1. 365
Platform
  1. Windows
Hi & welcome to MrExcel.
How about
Excel Formula:
=IF(AND(K8>2001,K8<15000),CEILING(K8-2000,1000)*0.005)+60
 

TarkTeam4

New Member
Joined
Sep 11, 2021
Messages
2
Office Version
  1. 365
Platform
  1. Windows
Hi & welcome to MrExcel.
How about
Excel Formula:
=IF(AND(K8>2001,K8<15000),CEILING(K8-2000,1000)*0.005)+60
AWESOME!!!! That worked perfectly. You have saved me hours of trying to reconfigure it myself. Thank you!!!
 

Fluff

MrExcel MVP, Moderator
Joined
Jun 12, 2014
Messages
65,992
Office Version
  1. 365
Platform
  1. Windows
You're welcome & thanks for the feedback.
 

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