I think we need to be told more about the two percentage rates and how you
get the results
1500*0.25% = 3.75; in agreement with your message
1800*0.25% = 4.50; how do you get 5.25?
--
Bernard V Liengme
www.stfx.ca/people/bliengme
remove caps from email
"Shams" wrote in message
...
I feel quite embarassed in asking the following question again. I thought
I
had my answer via some very helpful comments but my boss wants me take
another stab at it. Here you go:
Basically, I have to calculate commissions based on Sales threshold. So,
a
sum product formula works very well for this exercise ...i.e.:
Threshold Marginal Rate Diff Rate
0 0.25% 0.25%
1500 0.50% 0.25%
3000 1.00% 0.50%
A $1500 sales will give me $3.75, $1800 will give me $5.25 and $3600 will
give me $17.25 and so on.
However, I need to be able to break down how we are arriving at any total
amount based on the threshold...i.e.:
Sales up to $1500, calculate 0.25% commission Calculation Formula
Sales up to $3,000, calculate 0.50% commission Calculation Formula
Sales over $3,000, calculate 1.0% commission
Calculation Formula
Total Commission
Sum
I am not able to create a watertight formula for each of these threshold
levels. Technically, commissions for a given sales amount should be the
same
under these two constructs. I think it is safe to assume that my sum
product
formula works fine. So, how do I replicate its effect in discrete pieces
for
the above construct.
I will really appreciate any help in this matter. Thank you.
Shams.