Apr 26 2020 11:25 PM
Hi everyone.. first time on this forum.
I am trying to calculate a result based on 4 sets of values. Scenario is:
Client X sells $XX (Value 1) and grows by X% (Value 2) and is paid according to (Value 3) the grid below:.
I am looking for help with a formula to calculate the payout figure? Thanks
Apr 26 2020 11:57 PM
@dameb72 Perhaps the attached workbook contains the solution you are looking for.
Apr 27 2020 12:53 AM
@Riny_van_Eekelen Thanks, but it is not exactly what I am after. Let me step through it again.
Value 1 is a fixed value ($100,000)
Value 2 is also a fixed value (26%)
So using the table as a guide, Client X grew 26% which based on the table below earns him 2% of $100,000 ($2000). I need a formula to help me calculate the $2000 easily
Thanks
Apr 27 2020 01:09 AM
Hi @dameb72
@Riny_van_Eekelen's VLOOKUP formula gives you the 2% result, so you can then just do that result x the cell with the value (e.g. 100,000)
Apr 27 2020 04:09 PM
@Wyn Hopkins Thanks for this tip. I am also a novice with VLOOKUP. SO I can search a range of fields yes in order to assign the right remuneration percentage.
Apr 27 2020 10:02 PM
Solution@dameb72 Try the attached schedule again. I've made it to look more like your example.
Apr 28 2020 01:55 AM
@Riny_van_Eekelen Thanks !This is exactly what I was after!
Apr 27 2020 10:02 PM
Solution@dameb72 Try the attached schedule again. I've made it to look more like your example.