#1
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Excel Percentage Formula
I am trying to write an excel formula to find the percentage amount from a gross amount where they's a band of different percentages.
Find examples below of what I'm looking for: Bracket Group Percentage Bracket 1 0 - 8,555.50 0% Bracket 2 8,555.51 - 10,000 15% Bracket 3 10,000 - 83,333 20% Bracket 4 >83,333 30% Example if you have a gross of 24,300 Bracket 1 up-to 8,555.50 8,555.50 0% 0.00 Amount = 0 Bracket 2 8,555.51 - 10,000 1,444.50 15% Amount = 216.68 Bracket 3 10,000 - 83,333 14,300.00 20% Amount = 2,860.00 Bracket 4 >83,333 0.00 30% 0.00 Total = 3,076.68 Example if you have a gross of 50,000 Bracket 1 up-to 8,555.50 8,555.50 0% 0.00 Amount = 0 Bracket 2 8,555.51 - 10,000 1,444.50 15% Amount = 216.68 Bracket 3 10,000 - 83,333 40,000.00 20% Amount = 8,000.00 Bracket 4 >83,333 0.00 30% Amount = 0.00 Total = 8,216.68 Last edited by kideal; 06-04-2018 at 07:57 AM. |
#2
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With condition in A2:
Code:
=CHOOSE(MATCH($A$2,{0,8555.5,10000,83333,99999999},1),0,0.15,0.2,0,3) |
#3
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I placed the following values in cells
Code:
D2 8555.5 E2 15% D3 10000 E3 20% D4 83333 E4 30% Code:
=SUM((A2>D4)*(A2-D4)*E4,(A2>D3)*(MAX(D4,A2-D3))*E3,(A2>D2)*(D3-D2)*E2) |
#4
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Dear Friend,
Kindly find the attachment, it might be helpful for you. Your Value in Range("A2") and the used formula is below. =IF(A2<=8555.5,0,IF(A2<=10000,(A2-8555.5)*15%,IF(A2<=83333,216.675+(A2-10000)*20%,14883.28+(A2-83333)*30%))) |
#5
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Thanks for the formula it works great.
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#6
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For the first example the formula works fine, thank you.
Can you amend your formula for this one below: Example if you have a gross of 24300 Bracket 1 up-to 10,000 10,000.00 15% 1,500.00 Bracket 2 10,000.01 - 83,333 14,300.00 20% 2,860.00 Bracket 3 >83,333 0.00 30% 0.00 24,300.00 4,360.00 |
#7
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Dear Kideal,
Kindly use below formula... =IF(A2<=10000,A2*15%,IF(A2<=83333,1500+(A2-10000)*20%,16166.6+(A2-83333)*30%)) |
#8
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Thank you works fine.
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