As we all known, we can use the Nested IF function to test whether multiple conditions are met. But here, the IFS function is much easier to use than the Nested IF function. IFS function is used to test multiple conditions and return a value corresponding to the first TRUE result, if none of the supplied conditions evaluate to TRUE, the function returns the #N/A error.
if the sales total is 0-40000: commission= sales * 0;
if the sales total is 40000-80000: commission= sales * 2%;
if the sales total is 80000-100000: commission= sales * 3.5%;
if the sales total is greater or equal to 100000: commission= sales * 7%;
Tips: The IFS function will get #N/A error, if none of the conditions evaluate to TRUE. If you want to replace the #N/A error by another meaningful value, you should add an ELSE condition at the end of the IFS function.
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