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Greater Value: Percentage or Value

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    Greater Value: Percentage or Value

    Hi,

    I'm trying to get a formula that would automatically calculate what is greater (5% or £300). The scenario is if i have a value say £7,000; would 5% of £7,000 be greater than £300? The 5% and the £300 will not change but the £7,000 will change.

    Hope this makes sense?

    Cheers

    Jon

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    Re: Greater Value: Percentage or Value

    To calculate5 percent of £7000 (with 7000 in A1):

    =0.5*A1

    Then add the test:

    =(0.5*A1)>B1

    where B1 contains 300.

    Answer will be TRUE or FALSE.
    Ali


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    Forum Expert cbatrody's Avatar
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    Re: Greater Value: Percentage or Value

    Hi,

    Something like this?

    Please Login or Register  to view this content.
    See the attached file.
    Attached Files Attached Files

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    Re: Greater Value: Percentage or Value

    Formula: copy to clipboard
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    Re: Greater Value: Percentage or Value

    Thank You Very Much

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