Excel | Lookup functions exercise | Tuck Shop Sales VLOOKUP

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The answer to the exercise will be included and explained if you attend one of more of the courses listed below!

Software ==> Excel  (146 exercises)
Version ==> Excel 2016 and later
Topic ==> Lookup functions  (14 exercises)
Level ==> Average difficulty
Courses ==> Excel Advanced  /  Excel Business Modelling
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Open the file contained within the folder named above.

We want to calculate the discount due on each product:

Using Lookup Tables to Calculate Discounts

We need to create a lookup table for the =VLOOKUP formula.

In cell E4, create an =VLOOKUP formula to calculate the discount.

Use the discount rates and quantities table in column H and I as your lookup table.  Creating a range name will help to use in the formula:

=VLOOKUP (Lookup cell, Table Range, Column ref)

Change a few of the discount percentages in the lookup table to check your formula works.

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

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