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Excel | Lookup functions exercise | Tuck Shop Sales VLOOKUP
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Open the file contained within the folder named above.
We want to calculate the discount due on each product:
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.