SOLVED

Varying % based on $ amount

Copper Contributor

Hi all,

 

I'm looking for any functions or formulas that can help calculate commission % points based on a $ goal.  

 

Ex:

 

Goal = $1000

 

100% to goal = 5% rate

97.5 to 99.9% of goal = 4% rate

95 to 97.4 of goal = 3% rate

 

etc, etc. 

 

Any help would be greatly appreciated!  Thank you

3 Replies

@etcioffi 

Perhaps with goal in A1 and achieved result in B1:

=MIN(MAX(ROUNDDOWN((B1/A1-0.9)/2.5,2),0),0.04)

Format the cell with the formula as a percentage.

best response confirmed by allyreckerman (Microsoft)
Solution

@etcioffi 

 

An alternative solution would be to use a table and VLOOKUP as I've done in the attached sample sheet.

 

Using a table enables you to change the rate very readily, without altering the formula.

mathetes_0-1636130394263.png

 

Perfect thank you!! @mathetes 

1 best response

Accepted Solutions
best response confirmed by allyreckerman (Microsoft)
Solution

@etcioffi 

 

An alternative solution would be to use a table and VLOOKUP as I've done in the attached sample sheet.

 

Using a table enables you to change the rate very readily, without altering the formula.

mathetes_0-1636130394263.png

 

View solution in original post