Excel | Conditional formulae exercise | IF printer cartridge commission

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Software ==> Excel  (148 exercises)
Version ==> Excel 2016 and later
Topic ==> Conditional formulae  (17 exercises)
Level ==> Average difficulty
Courses ==> Excel Business Modelling  /  Excel Intermediate

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Open the file contained within the folder name shown above.

We want to calculate the commission for all the sales reps:

Excel file without any formulae

We need to use an =IF function to calculate the commission.

In cell C4 create an =IF function to calculate the commission.  Use the following information to help you:

  • If the sales in column B is greater than or equal to £30,000, commission rate is 20%
  • Anything less than £30,000, the commission rate is 1%

Don't forget to set up some input cells and range names for figures like the commission rates and the threshold figure to use in your =IF formula.

Copy the commission rate formula down column C to calculate all the other reps' commissions.

Change your commission rate input cells to check that your =IF function is working as shown below:

Excel file with =IF function

When you change the input cells on the right, all the commissions should change.

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

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