Calculation based on conditions

[Muthukrishnan V]

Excel 2007.
Cell A1 : contains income in numerical, for example 1500000
Cell B1 : contains category in text. The text will be either GENERAL or SRCTZN
B1 will display only GENERAL or SRCTZN.

Cell C1: contains formula to calculate Tax for GENERAL category.

Cell D1: contains formula to calculate Tax for SRCTZN category.


Cell E1: In this cell I want result of Tax. If B1 displays GENERAL - tax will be based on C1.
If B1 displays SRCTZN - tax will be on D1.

I request a formula. Thanks

 

[Aladin Akyurek]

In E1 enter:

=IF($B1="GENERAL",formula-expression-for-general,IF($B1="SRCTZN",formula-expression-for-srctzn,""))

 

[Muthukrishnan V]

In E1 enter:

=IF($B1="GENERAL",formula-expression-for-general,IF($B1="SRCTZN",formula-expression-for-srctzn,""))

Entered in E1 as suggested by Aladin Akyurek. In E1 result returned as: #NAME ?
How the above will link to C1 or D1 for the relative formulas?

 

[Muthukrishnan V]

In E1 enter:

=IF($B1="GENERAL",formula-expression-for-general,IF($B1="SRCTZN",formula-expression-for-srctzn,""))

Entered in E1 as suggested by Aladin Akyurek. E1 returns result as : #NAME ?

Kindly further elaborate. Thanks

 

[Aladin Akyurek]

Entered in E1 as suggested by Aladin Akyurek. In E1 result returned as: #NAME ?
How the above will link to C1 or D1 for the relative formulas?

Actually, you don't need C1 and D1 because the formulas in those cells must be plugged into the formula I suggested.

What are the formulas that you have in C1 and D1?

 

[Muthukrishnan V]

C1 for GENERAL
=IF(A1<=250000,0,IF(A1<=500000,(A1-250000)*10%-MIN((A1-
250000)*10%,2000),IF(A1<=1000000,25000+(A1-500000)
*20%,125000+(A1-1000000)*30%)))

D1 for SRCTZN
=IF(A1<=300000,0,IF(A1<=500000,(A1-300000)*10%-MIN((A1-
300000)*10%,2000),IF(A1<=1000000,20000+(A1-500000)
*20%,120000+(A1-1000000)*30%)))

Kindly guide me further Aladin Akyurek. Thanks

 

[Aladin Akyurek]

Try...

=IF($B1="GENERAL",IF(A1<=250000,0,IF(A1<=500000,(A1-250000)*10%-MIN((A1-
250000)*10%,2000),IF(A1<=1000000,25000+(A1-500000)
*20%,125000+(A1-1000000)*30%))),IF($B1="SRCTZN",IF(A1<=300000,0,IF(A1<=500000,(A1-300000)*10%-MIN((A1-
300000)*10%,2000),IF(A1<=1000000,20000+(A1-500000)
*20%,120000+(A1-1000000)*30%))),""))

Using this there is no need for C1 and D1.

Otherwise:

=IF($B1="GENERAL",$C1,IF($B1="SRCTZN",$D1,""))

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