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Excel | Conditional formulae exercise | Using =IF to Calculate Sales Commission
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You can learn how to do this exercise if you attend one of more of the courses listed below!
| Software ==> | Excel (151 exercises) |
| Version ==> | Excel 2016 and later |
| Topic ==> | Conditional formulae (17 exercises) |
| Level ==> | Relatively easy |
| 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 in Column C:
We need to use an =IF commission to calculate the commission.
In cell C4 create an =IF function to calculate the commission. Use the following to help you:
- If the sales in column B >= 30000, commission rate is 20%
- Sales anything less, commission rate is 1%
Don't forget to set up range names for the input cells in column F
Copy the commission rate formulae down column C to calculate all the other reps' commissions.
Change your commission rate input cells in column F to check that your =IF function is working correctly:
When you change the input cells in column F the commission will change.
Use Save As... to save the file in your own new work folder.