Forum Discussion
How to use multiple discount levels in a formula to calculate total
What formula would I use to calculate the Total. The formula has to apply the discounts levels.
| Seats | Price per seat | Total |
| 1,100 | $10.00 | |
| 2,400 | $10.00 | |
| 5,100 | $10.00 | |
| Discounts | ||
| # of seats | Discount % | |
| Volume Tier 1 | <=1,000 | 0% |
| Volume Tier 2 | >1,000<=3,000 | 5% |
| Volume Tier 3 | >3,000<=10,000 | 7% |
See screenshot below. I added a helper column that calculates the additional discount in each tier.
The formula in C2 is
=B2*(A2-SUMPRODUCT((A2>$B$10:$B$12)*(A2-$B$10:$B$12),$D$10:$D$12))This can be filled down.
- THANK YOU
Hans,
Using the 5100 seats, I applied your formula and got the same total you show....$48, 530.00But if I calculate it manually, I get a different total: $48,730.00
- Hans,
Using the 5100 seats, I applied your formula and got the same total you show....$48, 530.00
But if I calculate it manually, I get a different total: $48,730.00
Seats Discount % Discounted Seats Applicable Seats Price Total Price
1,000.00 0% 0 1,000.00 $10.00 $10,000.00
3,000.00 5% 150 2,850.00 $10.00 $28,500.00
1,100.00 7% 77 1,023.00 $10.00 $10,230.00
Total $48,730.00
How to use multiple discount levels in a formula to calculate total
Re: How to use multiple discount levels in a formula to calculate total
Re: How to use multiple discount levels in a formula to calculate total
Re: How to use multiple discount levels in a formula to calculate total
