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Maribro95's avatar
Maribro95
Copper Contributor
Apr 26, 2024

beginner formula help

hi!  need some help.   I am trying to create a formula that will do the following   if answered yes then will calculate a percentage of another cell to equal a total number used to calculate com...
  • NikolinoDE's avatar
    Apr 26, 2024

    Maribro95 

    You can use the following formula to achieve what you described:

    =IF(A1="Yes", B1 * 0.4, 0)

    In this formula:

    • Replace A1 with the cell where you type "Yes" or "No" to indicate if the house loan is taken.
    • Replace B1 with the cell containing the total number used to calculate the commission.
    • The formula checks if the value in cell A1 is "Yes". If it is, it multiplies the value in cell B1 by 40% (0.4) to calculate the commission. If the value in cell A1 is not "Yes", it returns 0.

    Make sure to adjust the cell references (A1 and B1) according to your actual data layout.

     

    My answers are voluntary and without guarantee!

     

    Hope this will help you.

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