Excel | Advanced IFs exercise | Parking Charges - Nested IF

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Software ==> Excel  (151 exercises)
Version ==> Excel 2016 and later
Topic ==> Advanced IFs  (6 exercises)
Level ==> Relatively easy
Subject ==> Excel training
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Open the file contained within the folder name shown above.

We want to calculate the parking charges for the following cars:

Using nested =IF

We need to use a nested =IF function because there are two conditions.

In cell C4, create a nested =IF formula that either calculates the parking charges or displays the message Free Parking.  Use these rules to help you:

  • If the hours parked > 8, the driver should pay £1 per hour
  • If the hours parked >5, the driver should pay £1.50 per hour
  • Anything less should display Free Parking

A nested =IF function uses the following structure:

=IF(Condition1, True1, False2 is: IF(Condition2, True2, False2))

Change your parking thresholds and parking fees to check that your formula works:

Nested =IF

Only the cars parked for 3 hours or less get free parking.

Use Save As... to save the file in your own new Excel work folder.

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