Hello Fellow Excel users,
So every month, i have a commission database that calculates revenue amount/percentage and we i have different commission tables for different groups. for the most part this formula works except when the percentages go above 100%,
I am in need of your expertise, i am using an index match formula that is not giving me the expected result.
the formula is supposed to look at a value in Y29 =124% (Revenue Percentage) and return a commission percentage of 7.150% based on the following table:
However the formula returns a value of 5.50%.
I am attaching a screenshot(sample). thank you in advance for your time, expertise in finding a solution. i have tried to consult with AI to no avail. help! let me know if you have any questions in case more explanations are needed.
Damian
So every month, i have a commission database that calculates revenue amount/percentage and we i have different commission tables for different groups. for the most part this formula works except when the percentages go above 100%,
I am in need of your expertise, i am using an index match formula that is not giving me the expected result.
Excel Formula:
|
the formula is supposed to look at a value in Y29 =124% (Revenue Percentage) and return a commission percentage of 7.150% based on the following table:
0% to 100% | 100% to 103% | 103% to 105% | 105% to 110% | 110% to 115% | 115% and over | Range V1:AA1 |
5.50% | 6.050% | 6.325% | 6.600% | 6.875% | 7.150% | Range V2:AA7 |
5.50% | 6.050% | 6.325% | 6.600% | 6.875% | 7.150% | Range V2:AA7 |
4.25% | 4.675% | 4.888% | 5.100% | 5.313% | 5.525% | Range V2:AA7 |
1.00% | 1.00% | 1.00% | 1.00% | 1.00% | 1.00% | Range V2:AA7 |
4.25% | 4.680% | 4.890% | 5.100% | 5.310% | 5.530% | Range V2:AA7 |
0.21% | 0.210% | 0.210% | 0.210% | 0.210% | 0.210% | Range V2:AA7 |
I am attaching a screenshot(sample). thank you in advance for your time, expertise in finding a solution. i have tried to consult with AI to no avail. help! let me know if you have any questions in case more explanations are needed.
Damian