Excel | Advanced IFs exercise | Tuck Shop Discounts Nested IF

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Software ==> Excel  (151 exercises)
Version ==> Excel 2016 and later
Topic ==> Advanced IFs  (6 exercises)
Level ==> Average difficulty
Classroom ==> Excel Advanced
Online ==> 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.

You can unzip this file to see the answers to this exercise, although please remember this is for your personal use only.
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