I would like to add a IF formula which recognises when a premium becomes to low and sets a premium at £350.00 however when the premium is higher than £350 it quotes that figure instead.
See attached spreadsheet which hopefully confirms what I am trying to say.
Many thanks
In P14 copied down:
=IFERROR(MAX(350,N14*O14+N14),"")
Ali
Enthusiastic self-taught user of MS Excel who's always learning!
Don't forget to say "thank you" in your thread to anyone who has offered you help. It's a universal courtesy.
You can reward them by clicking on * Add Reputation below their user name on the left, if you wish.
NB: as a Moderator, I never accept friendship requests.
Forum Rules (updated August 2023): please read them here.
Try
=MAX(350,N14*O14+N14)
If that takes care of your original question, please select Thread Tools from the menu link above and mark this thread as SOLVED.
Thanks again for your help on this which is very much appreciated.
I have made an error on this as if there is no calculation to process for N14*O14+N14) it returns £350
=IFERROR(MAX(350,N14*O14+N14),"")
But I also need the formula to return a £0.00 or a higher amount (if needed).
See attached spreadsheet. i have added in a few scenarios
Any other requirements?
Try this:
=IFERROR(IF(N16=0,0,MAX(350,N16*O16+N16)),"")
Another way
Formula:
=IFERROR(MAX(N16*O16+N16,(N16>0)*350),"")
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
LinkBack URL
About LinkBacks
Register To Reply
Bookmarks