Results 1 to 9 of 9

Thread: Calculating Commission

  1. #1
    New Member
    Join Date
    Jan 2016
    Posts
    4
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default Calculating Commission

    Hi I need help on formula to calculate commission in Excel

    Commission Scale
    1-50 @$2
    51-100 @$4
    101- above @$6

    For example
    if someone sell 161 units he/she gets $666 (50X2)+(50X4)+(61X6)
    if someone sell 71 units he/she gets $184 (50X2)+(21X4)

    Thank you

    Hattan


  2. #2
    MrExcel MVP
    Join Date
    Aug 2010
    Location
    Rio de Janeiro BRAZIL
    Posts
    16,272
    Post Thanks / Like
    Mentioned
    19 Post(s)
    Tagged
    8 Thread(s)

    Default Re: Calculating Commission


  3. #3
    Board Regular
    Join Date
    Sep 2005
    Posts
    5,103
    Post Thanks / Like
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Calculating Commission

    This?

    Excel 2010
    AB
    1161666
    271184

    Sheet7



    Worksheet Formulas
    CellFormula
    B1=MIN(A1,50)*2 +MEDIAN(0,A1-50,50)*4 +MAX(A1-100,0)*6


  4. #4
    Board Regular TinaP's Avatar
    Join Date
    Jan 2005
    Location
    Ohio
    Posts
    521
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Calculating Commission

    I never would have dreamt of using median for a formula like this. Genius!
    I not only use all the brains that I have, but all that I can borrow. --Woodrow Wilson

  5. #5
    Board Regular
    Join Date
    Feb 2002
    Location
    Calgary, Alberta Canada
    Posts
    3,745
    Post Thanks / Like
    Mentioned
    3 Post(s)
    Tagged
    1 Thread(s)

    Default Re: Calculating Commission

    try either of

    =((A2>0)*A2+(A2>50)*(A2-50)+(A2>100)*(A2-100))*2

    or

    =SUMPRODUCT(--(A2>E2:E4),A2-E2:E4,G2:G4)

    E2:E4 has the brackets 0, 50.001, 100.001
    G2:G4 has the rate differential
    Last edited by Dave Patton; Jan 5th, 2016 at 01:56 PM.

  6. #6
    New Member
    Join Date
    Jan 2016
    Posts
    4
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Calculating Commission

    Thank you !

    Quote Originally Posted by Marcelo Branco View Post

  7. #7
    New Member
    Join Date
    Jan 2016
    Posts
    4
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Calculating Commission

    Thank you vey much for this! i just tried it and it works as what i wanted

    Quote Originally Posted by sheetspread View Post
    This?

    Excel 2010
    A B
    1 161 666
    2 71 184
    Sheet7

    Worksheet Formulas
    Cell Formula
    B1 =MIN(A1,50)*2 +MEDIAN(0,A1-50,50)*4 +MAX(A1-100,0)*6

  8. #8
    New Member
    Join Date
    Jan 2016
    Posts
    4
    Post Thanks / Like
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Calculating Commission

    Thank you !
    Quote Originally Posted by Dave Patton View Post
    try either of

    =((A2>0)*A2+(A2>50)*(A2-50)+(A2>100)*(A2-100))*2

    or

    =SUMPRODUCT(--(A2>E2:E4),A2-E2:E4,G2:G4)

    E2:E4 has the brackets 0, 50.001, 100.001
    G2:G4 has the rate differential

  9. #9
    MrExcel MVP
    Join Date
    Aug 2010
    Location
    Rio de Janeiro BRAZIL
    Posts
    16,272
    Post Thanks / Like
    Mentioned
    19 Post(s)
    Tagged
    8 Thread(s)

    Default Re: Calculating Commission

    Quote Originally Posted by hattan View Post
    Thank you !
    You are welcome. Thanks for the feedback.

    M.

Some videos you may like

User Tag List

Tags for this Thread

Like this thread? Share it with others

Like this thread? Share it with others

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •