Help, help, help!

DMESS18

New Member
Joined
Dec 30, 2017
Messages
2
Any help would be greatly appreciated. I have figured out everything, but there is a slight curveball now.

Here is the situation:
If the DEAL GROSS is a positive number and FINANCE is a positive, then the max finance Commission that can be awarded 5% of Finance, not to exceed 100.
However, if DEAL GROSS is less than 0, then the max Finance Comm that can be awarded is 5%, not to exceed 25.

The current formula for Finance Comm is: =MIN(100,(O1*0.05)) I somehow need to add =MIN(25,(if M2 is <0)

I cannot figure out how to get the formula to do both! HELP PLEEEEASE!

M N O P
Deal GrossCommFinanceComm
2500.00625.008000.00100.00
-1250.00100.001200.0060.00

<colgroup><col span="3"><col></colgroup><tbody>
</tbody>
 

Excel Facts

Excel Wisdom
Using a mouse in Excel is the work equivalent of wearing a lanyard when you first get to college
=if ( and(m1>0, n1>0), min(100,(o1*0.05)), min(25,(o1*0.05)))


 
Last edited:
Upvote 0

Forum statistics

Threads
1,214,641
Messages
6,120,694
Members
448,979
Latest member
DET4492

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