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Multiple Condition Formula

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  1. #1
    prolixity
    Guest

    Multiple Condition Formula

    Hello Everyone!

    I'll use the following data set to help illustrate my question:

    Number In Household Income
    1 10,000
    2 15,000
    3 20,000
    etc.

    I'm trying to create a formula that will tell me a percentage (for this
    example, let's say 40%) of the income assigned to a particular number of
    household members. The number in the household can range from 1-8 for any
    particular cell and will have a distinct income assigned to it.

    So, if the reference cell lists 3 household members I need the cell
    containing the formula to calculate 40% of 20,000. However, the reference
    cell could be any number between 1 and 8.

    Please let me know if I have explained this poorly and you need further
    claification. Thank you for your help!!!

    prolixity

  2. #2
    Michael
    Guest

    RE: Multiple Condition Formula

    Hi
    If the numbers in the first column ( A1) and the the incomes (B1) are
    directly related, you would simply add another column (C1). In C1 put
    =B1*0.40 and copy down as far as required.


    HTH
    Michael

    "prolixity" wrote:

    > Hello Everyone!
    >
    > I'll use the following data set to help illustrate my question:
    >
    > Number In Household Income
    > 1 10,000
    > 2 15,000
    > 3 20,000
    > etc.
    >
    > I'm trying to create a formula that will tell me a percentage (for this
    > example, let's say 40%) of the income assigned to a particular number of
    > household members. The number in the household can range from 1-8 for any
    > particular cell and will have a distinct income assigned to it.
    >
    > So, if the reference cell lists 3 household members I need the cell
    > containing the formula to calculate 40% of 20,000. However, the reference
    > cell could be any number between 1 and 8.
    >
    > Please let me know if I have explained this poorly and you need further
    > claification. Thank you for your help!!!
    >
    > prolixity


  3. #3
    prolixity
    Guest

    RE: Multiple Condition Formula

    Ok. I must not have explained my question properly. I apologize.

    Here is the set up of my spreadsheet:

    Unit Percentage # in Household Maximum Income
    41% 2
    39% 5

    "Michael" wrote:

    > Hi
    > If the numbers in the first column ( A1) and the the incomes (B1) are
    > directly related, you would simply add another column (C1). In C1 put
    > =B1*0.40 and copy down as far as required.
    >
    >
    > HTH
    > Michael
    >
    > "prolixity" wrote:
    >
    > > Hello Everyone!
    > >
    > > I'll use the following data set to help illustrate my question:
    > >
    > > Number In Household Income
    > > 1 10,000
    > > 2 15,000
    > > 3 20,000
    > > etc.
    > >
    > > I'm trying to create a formula that will tell me a percentage (for this
    > > example, let's say 40%) of the income assigned to a particular number of
    > > household members. The number in the household can range from 1-8 for any
    > > particular cell and will have a distinct income assigned to it.
    > >
    > > So, if the reference cell lists 3 household members I need the cell
    > > containing the formula to calculate 40% of 20,000. However, the reference
    > > cell could be any number between 1 and 8.
    > >
    > > Please let me know if I have explained this poorly and you need further
    > > claification. Thank you for your help!!!
    > >
    > > prolixity


  4. #4
    prolixity
    Guest

    RE: Multiple Condition Formula

    Ok. I must not have properly explained my question. I apologize.

    Here an excerpt from my spreadsheet:

    Assigned % # in Household 140% of Income
    41% 2 =49100*.41*1.4
    38% 3 =55200*.38*1.4
    67% 1 =42900*.67*1.4
    etc.

    (I am still referencing the data that I listed in my original post.)

    So, how do I get the "140% of Income" column to automatically take the
    income amount (e.g. 42900) assigned to the number in the household to use in
    the formula without having to manually do it?

    Does this make sense?

    "Michael" wrote:

    > Hi
    > If the numbers in the first column ( A1) and the the incomes (B1) are
    > directly related, you would simply add another column (C1). In C1 put
    > =B1*0.40 and copy down as far as required.
    >
    >
    > HTH
    > Michael
    >
    > "prolixity" wrote:
    >
    > > Hello Everyone!
    > >
    > > I'll use the following data set to help illustrate my question:
    > >
    > > Number In Household Income
    > > 1 10,000
    > > 2 15,000
    > > 3 20,000
    > > etc.
    > >
    > > I'm trying to create a formula that will tell me a percentage (for this
    > > example, let's say 40%) of the income assigned to a particular number of
    > > household members. The number in the household can range from 1-8 for any
    > > particular cell and will have a distinct income assigned to it.
    > >
    > > So, if the reference cell lists 3 household members I need the cell
    > > containing the formula to calculate 40% of 20,000. However, the reference
    > > cell could be any number between 1 and 8.
    > >
    > > Please let me know if I have explained this poorly and you need further
    > > claification. Thank you for your help!!!
    > >
    > > prolixity


  5. #5
    prolixity
    Guest

    RE: Multiple Condition Formula

    SORRY! This is my first time posting here...

    In my last post I am assuming the following:

    # in Household Income
    1 42,900
    2 49,100
    3 55,200

    "prolixity" wrote:

    > Ok. I must not have properly explained my question. I apologize.
    >
    > Here an excerpt from my spreadsheet:
    >
    > Assigned % # in Household 140% of Income
    > 41% 2 =49100*.41*1.4
    > 38% 3 =55200*.38*1.4
    > 67% 1 =42900*.67*1.4
    > etc.
    >
    > (I am still referencing the data that I listed in my original post.)
    >
    > So, how do I get the "140% of Income" column to automatically take the
    > income amount (e.g. 42900) assigned to the number in the household to use in
    > the formula without having to manually do it?
    >
    > Does this make sense?
    >
    > "Michael" wrote:
    >
    > > Hi
    > > If the numbers in the first column ( A1) and the the incomes (B1) are
    > > directly related, you would simply add another column (C1). In C1 put
    > > =B1*0.40 and copy down as far as required.
    > >
    > >
    > > HTH
    > > Michael
    > >
    > > "prolixity" wrote:
    > >
    > > > Hello Everyone!
    > > >
    > > > I'll use the following data set to help illustrate my question:
    > > >
    > > > Number In Household Income
    > > > 1 10,000
    > > > 2 15,000
    > > > 3 20,000
    > > > etc.
    > > >
    > > > I'm trying to create a formula that will tell me a percentage (for this
    > > > example, let's say 40%) of the income assigned to a particular number of
    > > > household members. The number in the household can range from 1-8 for any
    > > > particular cell and will have a distinct income assigned to it.
    > > >
    > > > So, if the reference cell lists 3 household members I need the cell
    > > > containing the formula to calculate 40% of 20,000. However, the reference
    > > > cell could be any number between 1 and 8.
    > > >
    > > > Please let me know if I have explained this poorly and you need further
    > > > claification. Thank you for your help!!!
    > > >
    > > > prolixity


  6. #6
    CLR
    Guest

    Re: Multiple Condition Formula

    In A1 put "NUMBER IN HOUSEHOLD"
    In B1 put "INCOME"
    In C1 put "CALCULATION"
    Then enter your normal data below in columns A and B

    I.n G1 put 1, G2 put2, G3 put 3, G4 put 4, G5 put 5
    G6 put 6, G7 put 7, G8 put 8

    Then in H1 to H8 put the multiples you wish for each number of people in the
    household, such as H1 put .67, H2 put .41, etc etc

    Then in C2 put this formula and copy it down as far as you have data in A
    and B

    =VLOOKUP(A2,$G$1:$H$8,2,FALSE)*B2*1.4


    Vaya con Dios,
    Chuck, CABGx3



    "prolixity" <p
    rolixity@discussions.microsoft.com> wrote in message
    news:1A547126-3A3F-4028-9AC5-16B3CB9E14EF@microsoft.com...
    > Hello Everyone!
    >
    > I'll use the following data set to help illustrate my question:
    >
    > Number In Household Income
    > 1 10,000
    > 2 15,000
    > 3 20,000
    > etc.
    >
    > I'm trying to create a formula that will tell me a percentage (for this
    > example, let's say 40%) of the income assigned to a particular number of
    > household members. The number in the household can range from 1-8 for any
    > particular cell and will have a distinct income assigned to it.
    >
    > So, if the reference cell lists 3 household members I need the cell
    > containing the formula to calculate 40% of 20,000. However, the reference
    > cell could be any number between 1 and 8.
    >
    > Please let me know if I have explained this poorly and you need further
    > claification. Thank you for your help!!!
    >
    > prolixity




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