Conditional Coding/Formula functions-Correction( High Urgency)

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srinath tantri

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Dec 10, 2017
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Hello all,

Hope you are doing well,

Can anyone assist me in correcting the formula which lacks a function/condition to suffice my project.


Assume the below cell values information provided:

· B9 = Receipt amount
· I9 = Level of Graduation
· M9 = Grade Achieved
· Q9 = Claim amount

Claim amount (Q9) = 100% of receipt amount (B9) if Grade achieved (M9) =”A” and if Level of Graduation (I9) = “Under Graduated” maximum up to 11500 and
= “Post graduated” maximum up to 18500.


Q9 = B9 (100%) if M9=”A” and if I9= “Under Graduated” then maximum amount = 11500 and
I9= “Post Graduated” then maximum amount=18500. ------------Condition 1


<tbody>
</tbody>


Claim amount (Q9) = 75% of receipt amount (B9) if Grade achieved (M9) = “B” and level of graduation (I9) = “Under Graduated
= “Post graduated”

If receipt amount (B9) exceeds 11500 for Under Graduate (I9) then 75% on 11500
If receipt amount (B9) exceeds 18500 for Post Graduate (I9) then 75% on 18500


(Q9) = B9 (75%) if M9= “B” and if I9= “Under Graduated”
I9= “Post Graduated” -----------Condition 2


If B9> 11500 for “Under Graduated” then 75% on 11500 for Under Graduate.
If B9>18500 for “Post graduated” then 75% on 18500 for Post graduate.


<tbody>
</tbody>

Claim amount (Q9) = 0% of receipt amount (B9) if Grade achieved (M9) = “C”


(Q9) = B9 (0%) if M9=“C” -------------Condition 3

<tbody>
</tbody>


Formula already available is =MIN(B9*IF(M9="A",100%,IF(M9="B",75%,0%)),IF(UPPER(LEFT(I9,1))="P",18500,IF(UPPER(LEFT(I9,1))="U",11500)))
This formula calculates 75% on what ever receipt amount is provided.
However we need to have formula corrected i.e. when receipt amount exceeds 11500 for under graduate and 18500 formula must calculate 75% on the MAX amount.


Thank you all and appreciate all your efforts in providing the resolution on this promptly in advance! :)

Have a great day ahead!
 

Excel Facts

Convert text numbers to real numbers
Select a column containing text numbers. Press Alt+D E F to quickly convert text to numbers. Faster than "Convert to Number"
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