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How to VLOOKUP then multiply in Excel tables?

Here, I have two tables in an Excel sheet, one is the table about the rule between profit rate and sales of each product, the other contains the real sales of products. In the rule table, the more sales are, the much higher the profit rate you will get. Now I want to calculate the profit rate and profit of each product in the table list as below screenshot shown in Excel.
doc vlookup multiply 1

Lookup then multiple based on criteria

Lookup then multiply based on criteria

To handle this job, I will use VLOOKUP or INDEX function.

1. Select a cell next to the real sales of products, type this formula =VLOOKUP(B3,$A$14:$E$16,MATCH(C3,$A$13:$E$13),0), press Enter key, and drag fill handle over the cells you want to calculate the profit rate. See screenshot:

In the formulas, B3 and C3 are criterion 1 and 2 you lookup based on, A14:E16 and A13:E13 are ranges containing the two criteria.
doc vlookup multiply 2

2. Then in the next column, type this formula =D3*C3, and drag fill handle over the cells you use to calculate profit. See screenshot:
doc vlookup multiply 3

Tip:

You also can use INDEX function =INDEX($B$14:$E$16,MATCH(B3,$A$14:$A$16,0),MATCH(C3,$B$13:$E$13)) to find the relative profit rate.

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Comments (1)
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Jim Randle
Jim Randle
This comment was minimized by the moderator on the site
What formula would I use to calculate markup based on the format listed below? Thruway Cost Each Lead time Mark-Up % Sell Price Multiplier
$- 10% $1.111
$- 11% $1.124
$- 12% $1.136
$- 13% $1.149
$- 14% $1.163
$- 15% $1.176
$- 16% $1.190
$- 17% $1.205
$- 18% $1.220
$- 19% $1.235
$- 20% $1.250
$- 21% $1.266
$- 22% $1.282
$- 23% $1.299
$- 24% $1.316
$- 25% $1.333
$- 26% $1.351
$- 27% $1.370
$- 28% $1.389
$- 29% $1.408
$- 30% $1.429
$- 31% $1.449
$- 32% $1.471
$- 33% $1.493
$- 34% $1.515
$- 35% $1.538
$- 36% $1.563
$- 37% $1.587
$- 38% $1.613
$- 39% $1.639
$- 40% $1.667
$- 41% $1.695
$- 42% $1.724
$- 43% $1.754
$- 44% $1.786
$- 45% $1.818
$- 46% $1.852
$- 47% $1.887
$- 48% $1.923
$- 49% $1.961
$- 50% $2.000
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