Excel | Conditional formulae exercise | Using =IF to Calculate Sales Commission

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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:

Sales Commission

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:

Checking the =IF function

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.

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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