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Calculation of incentive



 
 
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  #1  
Old April 20th, 2009, 09:01 AM posted to microsoft.public.excel.worksheet.functions
9324982442
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Default Calculation of incentive

If an agent sales the policy of Rs. 35600 in a month, & the incentive slab is
if an agent sale the policy between 25000-40000 then the agent is eligible
for Rs. 1000 incentive amount

So kindly help me how can I do this by using formula??????????
  #2  
Old April 20th, 2009, 01:06 PM posted to microsoft.public.excel.worksheet.functions
Jacob Skaria
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Default Calculation of incentive

You can have different incentive slabs like 0-25000,25000-40000,40000 and above
A1 = total amount

=LOOKUP(A1,{0,25001,40001},{0,1000,1500})


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---------------
Jacob Skaria


"9324982442" wrote:

If an agent sales the policy of Rs. 35600 in a month, & the incentive slab is
if an agent sale the policy between 25000-40000 then the agent is eligible
for Rs. 1000 incentive amount

So kindly help me how can I do this by using formula??????????

 




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