Commission sum of question

dowcraig

New Member
Joined
Jan 14, 2009
Messages
36
Good morning
I am creating a spreadsheet that needs the following and I'm having trouble creating this formula.

I earn commission and I am charged a specific percentage of my sales until I reach a specific sales volume number , say 15% and charged a different percentage once I reach another total sales volume, say 10%.

For example, once the values of cells H5 to H33 reaches $50,000, I am charged 10% but for anything below $50,000, I'm charged 15%. To complicate matters, I'm still charged the 15% on the first $50,000.

Any thoughts?

Thanks
Craig
 

Excel Facts

Links? Where??
If Excel says you have links but you can't find them, go to Formulas, Name Manager. Look for old links to dead workbooks & delete.
That was basically what I needed. I needed to make a few changes to it, but works like a charm. Thanks for the help!
 
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