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Can i get a formula to change hours into currency £



 
 
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  #1  
Old May 17th, 2009, 10:41 PM posted to microsoft.public.excel.misc
David Wilson[_2_]
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Posts: 2
Default Can i get a formula to change hours into currency £

I am looking for a formula to change working hours i.e (78h 30m ) into
currency i.e
£6.00 £6.00 x 78:30 ( h:mm ) = £471.00

Excel 2007
  #2  
Old May 17th, 2009, 11:25 PM posted to microsoft.public.excel.misc
joeu2004
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Posts: 1,748
Default Can i get a formula to change hours into currency £

"David Wilson" wrote:
I am looking for a formula to change working hours i.e (78h 30m ) into
currency i.e £6.00 £6.00 x 78:30 ( h:mm ) = £471.00


Well, you almost have it. If A1 contains 6.00, the hourly rate, and A2
contains 78:30, the hours worked, the total pay is:

=round(A1*A2*24,2)

formatted as Number with 2 decimal places.

Note that A1 should also be formatted as Number with 2 decimal places, and
A2 should have the Custom format "[h]:mm" without the quotes.

The ROUND function is necessary because the format only affects the
appearance of the value, not the underlying value. It does not matter with
your example.

  #3  
Old May 17th, 2009, 11:34 PM posted to microsoft.public.excel.misc
FSt1
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Posts: 2,788
Default Can i get a formula to change hours into currency £

hi
with 78:30:00 in A2.....
=(A2*24)*6
format as currency.

regards
FSt1

"David Wilson" wrote:

I am looking for a formula to change working hours i.e (78h 30m ) into
currency i.e
£6.00 £6.00 x 78:30 ( h:mm ) = £471.00

Excel 2007

 




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