WISE OWL EXERCISES
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Excel | Conditional formulae exercise | IF printer cartridge commission
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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:
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:
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.