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Variable Percentage Rate

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  1. #1
    Registered User
    Join Date
    07-30-2010
    Location
    South Pole
    MS-Off Ver
    Excel 2010
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    99

    Thumbs up Variable Percentage Rate

    Hello, all.

    Here's the situation:

    $0 - $180,000 investors get 75%
    $180,000 - $450,000 investors get 50%
    $450,000 - $900,000 investors get 0%
    $900,000+ investors get 30%


    Based on this link, I was able to come up with this formula, where D8 is gross revenue:

    =SUMPRODUCT(--(D8>{0;180000;450000;900000}), (D8-{0;180000;450000;900000}), {0.75;-0.25;-0.75;0.3})

    For example, if you have $250,000 gross revenue, investors receive $170,000.

    Where this all breaks down is after $450,000. Any ideas?

    All help will be greatly appreciated.

    Thanks much.
    Last edited by janschepens; 08-07-2011 at 12:01 AM.

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