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Formula to calculate a % of a capped value. Frustrated!

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  1. #1
    Registered User
    Join Date
    03-09-2013
    Location
    Philadelphia, Pa
    MS-Off Ver
    Excel 2010
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    2

    Formula to calculate a % of a capped value. Frustrated!

    Hello,

    I am stumped. I'd like to calculate a % against the first $25K of total that is reported quarterly. I've tried nested if statements without success. Currently, I write the formula manually; there has to be a quicker way.
    Would someone be kind an offer suggestions? Example is attached.
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