Excel | Lookup functions exercise | Tuck Shop Sales VLOOKUP

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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 ==> Lookup functions  (14 exercises)
Level ==> Average difficulty
Classroom ==> Excel Advanced  /  Excel Business Modelling
Online ==> 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.

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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