Royalty Fees: Changes depending on level of sales. How to put this in Excel

[mrooks]

Hi

I wanted to make a formula in excel which will make a royalty fixed fee calculation based on the level of sales performed by a customer. For example if I have the following scenario.


Assumptions
Monthly Fixed Fee Royalty
$0 to $100,000 Sales $10,000
$100,000 to $200,000 Sales $ 7,500
$100,000 above Sales $ 5,000

If for example, the customer had sales of $150,000, what formula could I do to perform this calculation in order for it to realise it needs put $7,500 in the correct cell.

I have tried multiple if statements in one cell but that doesn't seem to be effective.

Can you please help?

Thanks

 

[JackDanIce]

What cell do you want your formula in?

Can you confirm details below:

<$100,00 sales (or is it <=$100,000 ?) = $10,000
$100,000-$200,000 = $7,500
>$200,000 (or is it >=$200,000 ?) = $5,000

I assume below you made a mistake in your 3rd line? And why does the royalty decrease as sales increase? Anyway, based on your info, I would use the following:
<TABLE style="PADDING-RIGHT: 2pt; PADDING-LEFT: 2pt; FONT-SIZE: 8pt; FONT-FAMILY: Arial,Arial; BACKGROUND-COLOR: #ffffff" cellSpacing=0 cellPadding=0 border=1><COLGROUP><COL style="FONT-WEIGHT: bold; WIDTH: 30px"><COL style="WIDTH: 85px"><COL style="WIDTH: 48px"><COL style="WIDTH: 56px"><COL style="WIDTH: 56px"></COLGROUP><TBODY><TR style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; BACKGROUND-COLOR: #cacaca; TEXT-ALIGN: center"><TD> </TD><TD>A</TD><TD>B</TD><TD>C</TD><TD>D</TD></TR><TR style="HEIGHT: 19px"><TD style="FONT-SIZE: 8pt; BACKGROUND-COLOR: #cacaca; TEXT-ALIGN: center">1</TD><TD style="FONT-WEIGHT: bold">Sales Amount</TD><TD style="FONT-WEIGHT: bold">Royalty</TD><TD> </TD><TD> </TD></TR><TR style="HEIGHT: 19px"><TD style="FONT-SIZE: 8pt; BACKGROUND-COLOR: #cacaca; TEXT-ALIGN: center">2</TD><TD style="TEXT-ALIGN: right">$0</TD><TD style="TEXT-ALIGN: right">$10,000</TD><TD> </TD><TD> </TD></TR><TR style="HEIGHT: 19px"><TD style="FONT-SIZE: 8pt; BACKGROUND-COLOR: #cacaca; TEXT-ALIGN: center">3</TD><TD style="TEXT-ALIGN: right">$100,000</TD><TD style="TEXT-ALIGN: right">$7,500</TD><TD> </TD><TD> </TD></TR><TR style="HEIGHT: 19px"><TD style="FONT-SIZE: 8pt; BACKGROUND-COLOR: #cacaca; TEXT-ALIGN: center">4</TD><TD style="TEXT-ALIGN: right">$200,000</TD><TD style="TEXT-ALIGN: right">$5,000</TD><TD> </TD><TD> </TD></TR><TR style="HEIGHT: 19px"><TD style="FONT-SIZE: 8pt; BACKGROUND-COLOR: #cacaca; TEXT-ALIGN: center">5</TD><TD> </TD><TD> </TD><TD> </TD><TD> </TD></TR><TR style="HEIGHT: 19px"><TD style="FONT-SIZE: 8pt; BACKGROUND-COLOR: #cacaca; TEXT-ALIGN: center">6</TD><TD style="BACKGROUND-COLOR: #ccffff; TEXT-ALIGN: right">150000</TD><TD> </TD><TD> </TD><TD style="BACKGROUND-COLOR: #ffff99; TEXT-ALIGN: right">7500</TD></TR></TBODY></TABLE>
<TABLE style="FONT-SIZE: 10pt; BORDER-LEFT-COLOR: #00ff00; BORDER-BOTTOM-COLOR: #00ff00; COLOR: #000000; BORDER-TOP-STYLE: groove; BORDER-TOP-COLOR: #00ff00; FONT-FAMILY: Arial; BORDER-RIGHT-STYLE: groove; BORDER-LEFT-STYLE: groove; BACKGROUND-COLOR: #fffcf9; BORDER-RIGHT-COLOR: #00ff00; BORDER-BOTTOM-STYLE: groove"><TBODY><TR><TD>Spreadsheet Formulas</TD></TR><TR><TD><TABLE style="FONT-SIZE: 9pt; FONT-FAMILY: Arial" cellSpacing=0 cellPadding=2 border=1><TBODY><TR style="FONT-SIZE: 10pt; BACKGROUND-COLOR: #cacaca"><TD>Cell</TD><TD>Formula</TD></TR><TR><TD>D6</TD><TD>=INDEX($A$2:$B$4,MATCH(A6,$A$2:$A$4,1),2)</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

Where in range A2:A4, the number is the lower bound of each range and A6 is your input cell and D6 your ouput cell