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Excel | Advanced IFs exercise | Staff Bonuses text and Formulae - Nested IF
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Open the file contained in the folder named above.
In cell C4, create a nested =IF formula to calculate the staff bonus for each staff member. Use this to help you:
- If the number of customers helped >=50 the staff member gets £100 * no of customers helped
- If the number of customers helped >=25 they get £50 * no customers helped
- If the number of customers helped was any less, a message in the cell says No bonus
Here's what the resulting worksheet should look like:
Not everyone gets a bonus, sadly!
Remember the nested =IF function has the following structure:
=IF(Condition1, True1, False1 is IF(Condition2, True2, False2))
Lower the thresholds in cells F8 and F9 and the bonus percentage rates to check that your formula works:
Most people get a bonus when you lower the thresholds - hurrah!
Use Save As... to save the file in your own new Excel work folder.