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Excel | Conditional formulae exercise | Using =IF to Calculate Sales Commission
This exercise is provided to allow potential course delegates to choose the correct Wise Owl Microsoft training course, and may not be reproduced in whole or in part in any format without the prior written consent of Wise Owl.
You can learn how to do this exercise if you attend one of more of the courses listed below!
| Software ==> | Excel (148 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.