Excel | Advanced IFs exercise | Tuck Shop Discounts Nested IF

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Software ==> Excel  (146 exercises)
Version ==> Excel 2016 and later
Topic ==> Advanced IFs  (5 exercises)
Level ==> Average difficulty
Course ==> Excel Advanced
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Open the file contained within the folder name shown above.

We want to calculate the bulk buy discounts:

Using Nested IF

Some sales will qualify for 10% discount, some 5%, some none.

In cell E4, create a nested =IF that calculates the correct bulk buy discount percentage.  Use this to help you:

  • If quantity >=20 the customer should get 10%
  • If quantity >=10 the customer should get 5%
  • Anything less the customer should get no discount

Remember the nested =IF function has the following structure:

=IF(Condition1, True1, False1 is IF(Condition2, True2, False2))

Lower the order thresholds and change the discount percentages to check that your formula works:

Nested IF

When you lower the thresholds, a few more items get discounts.

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

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