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How to calculate multi tier tariff?

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    How to calculate multi tier tariff?

    Hi,

    I was looking for a solution for calculating multi tier tariff as shown below:

    For example below, 0-50 units cost 3.50, above 50 up to 100 will cost 3.90, etc. Finally if consumption exceeds 200, total units will be charged rate of 6.10

    Kw Amount
    0-50 3.50
    51-100 3.90
    101-150 4.80
    151-200 5.20
    >200 6.10

    Regards,
    Jishar
    Last edited by jisharka; 05-27-2020 at 01:57 PM.

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    Re: How to calculate multi tier tariff?

    Welcome to the forum.

    Use VLOOKUP with an approximate match.
    Ali


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    Re: How to calculate multi tier tariff?

    Thanks for the quick reply.. I tried but failed. can you give me example?

    Regards,
    Jishar

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    Forum Moderator AliGW's Avatar
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    Re: How to calculate multi tier tariff?

    There are instructions at the top of the page explaining how to attach your sample workbook.

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    Re: How to calculate multi tier tariff?

    Attached file with manual calculation..

    Regards,
    Jishar
    Attached Files Attached Files

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    Re: How to calculate multi tier tariff?

    With 170 in F4 (value)
    Try this:
    =IF(F4<51,F4*E8,IF(F4<101,175+(F4-50)*E9,IF(F4<151,370+(F4-100)*E10,IF(F4<201,610+(F4-150)*E11,870+(F4-200)*E12))))
    Quang PT

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    Re: How to calculate multi tier tariff?

    Hi,

    Thanks for the prompt reply. Everything perfect except if >200, if the consumption is >200, all the above tariff MUST not applicable. It MUST calculate the whole units a rate of 6.10.
    For example - if the consumption is 201 the rate must be 1226.1

    Can you fix it?

    Again thanks for your efforts,

    Regards,
    Jishar

  8. #8
    Forum Expert bebo021999's Avatar
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    Re: How to calculate multi tier tariff?

    Quote Originally Posted by jisharka View Post
    Hi,

    Thanks for the prompt reply. Everything perfect except if >200, if the consumption is >200, all the above tariff MUST not applicable. It MUST calculate the whole units a rate of 6.10.
    For example - if the consumption is 201 the rate must be 1226.1

    Can you fix it?

    Again thanks for your efforts,

    Regards,
    Jishar
    Try to replace:
    870+(F4-200)*E12
    with
    F4*E12

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    Re: How to calculate multi tier tariff?

    Problem solved.. i modified the last condition.. Below formula works fine..


    =IF(F4<51,F4*E8,IF(F4<101,175+(F4-50)*E9,IF(F4<151,370+(F4-100)*E10,IF(F4<201,610+(F4-150)*E11, IF(F4>200,F4*E12
    )))))

    Thank you,
    Jishar

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