Excel 2007. Cell A1 contains amount in numerical. Tax to be calculated on this amount. If A1<=250000 then
no tax. If >250000 and <= 500000, then (A1-250000)*10%. Upto this I am comfortable with the formula,
=IF(A1<=250000,0,IF(A1<=500000,(A1-250000)*10%)).
There is a concession...