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Excel 2007 : Sales Commission

  1. #1
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    Sales Commission

    Im trying to calculate the commission on sales. The commission is 6% on all sales that are at least 20% above cost.

    I cannot figure out a formula to help me do this.

    I have product cost in cell a3 and retail price in b3. So i first need to figure the percentage above cost, which will be in cell d3. Then if the percentage above cost is 20% or more i need to calculate a 6% commission which will be in cell f3. I am so frustrated.

  2. #2
    Forum Guru DonkeyOte's Avatar
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    Re: Sales Commission

    Presumably you mean along the lines of:

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  3. #3
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    Re: Sales Commission

    You just saved my day. I really appreciate the help. Is there somewhere I can learn how to figure out these types of formulas myself without having to ask for help on things like this?

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