Assume a two column database with airline names in column A and number of passenger seats in column B, one may want to know the total revenue.  Given a full rate of US\$ 12.0 per seat, discounts are offered on this full rate depending upon the passenger seats booked.  So for example, for the first 500,000 seats, discount would be 1% on the full rate, then for the next 500,000 seats, discount would be 2% on the full rate and so on.

You may refer to my solution in this workbook.

• Maria says:

I need to calculate the tax based on the following figures:
Low Threshold High Threshold Tax Rate
1000 0%
1001 2000 22%
2001 4000 24%
4001 8000 27%
8001 and over 30%

Does anyone know the single formula that can be used to calculate the tax bearing in mind the differential scale?

• Hi,

Try this

1. In range B3:B7, enter 0,1001,2001,4001 and 8001
2. In range C3:C7, enter 1000,2000,4000,8000 and 100000
3. In cell B11, enter a person’s income
4. In cell C11, enter this formula

=SUMPRODUCT(–(B11>{0;1000;2000;4000;8000}), (B11-{0;1000;2000;4000;8000}), {0;0.22;0.02;0.03;0.03})

Hope this helps.

• jraju says:

How to use } in your formula, should it be entered as ctrl shift enter as an array or you can just type and enter the formula. Pl

• Hi,

The curly brackets in the formula in column D of Data and Solution sheet have to be entered manually.

• Pablo Martinez says:

Dear All

I need your help, I am trying to calculate an incentive chart (quota calculation) for my dealers, I am establishing a new quota payment for them which must work as follows

Model Scale 1 from 0 to 24 units From 25 to 50 units From 51 to 75 units Above 76 units
Accent Scale 1 is ZERO Scale B is \$ 100 Scale C is \$ 300 and Scale D is \$ 500

How this should work is for example:

If a dealer sells 56 units, then we will pay him \$ 100 x 50 units plus \$ 300 x 6 = 6800

Tks

PM

• Hi,

As per your example, the result should be (100*26)+(300*6)=4400. The formula should be:

=SUMPRODUCT((B5>{0;24;50;75})*(B5-{0;24;50;75})*{0;100;200;200})

B5 has the units sold.

Hope this helps.

• Talha says:

i need a formula to calculate a utility bill. its a bet among my friend to calculate so please help….
1-100 units ———- 2/unit
101-200 units ——- 3/unit
201-above units——– 4/unit
i need to solve this using “IF” option in excel

• Hi,

Try this

=SUMPRODUCT(–(A11>{0;100;200}), (A11-{0;100;200}), {2;1;1})

A11 has units consumed, say 205.

Hope this helps.

• Talha says:

Thank you So Much Ashish ….. it’s working yaayyyy

• Talha says:

Please Mr. Ashish reply soon i only have one day to solve it

• Heramb says:

From To Rates Distance Travelled Rate Per Ton
1 125 212.7 20
126 150 259.4 10
151 175 290.7 200
176 200 325.1 230
201 225 356.9 270
226 250 391.1 175
251 275 425.3

There are rates as per slabs, I need to calculate and print against the given distance travelled, also the slabs are till 4000 Kms so I will need a formula that uses cell address instead of writing values in formula. I hope excel can do this.
Thanks

• Hi,

Please be courteous enough to start your conversation with a Hi (atleast). Next, your data is all garbled. Upload your workbook to OneDrive and share the link of the of the workbook here. In the workbook, also clearly show your expected result.

• Moshe says:

Hello
I don’t know if you can help me, but I am trying to create and Excel formula to calculate the new non-residential stamp duty. The figures are below.
Does anyone know how I can do this?

Up to £150,000 – annual rent is under £1,000

0%

Up to £150,000 – annual rent is over £1,000

1%

Between £150,001 and £250,000

2%

Over £250,000

5%

Thank you for any help.
Moshe

• Hi,

• Moshe says:

Sorry I was not clear. Stamp Duty Land Tax on a commercial property has change to be in brackets:

Property or lease premium or transfer value SDLT rate
Up to £150,000 Zero
The next £100,000 (the portion from £150,001 to £250,000) 2%
The remaining amount (the portion above £250,000) 5%

Example
If you buy a freehold commercial property for £275,000, the SDLT you owe is calculated as follows:
0% on the first £150,000 = £0
2% on the next £100,000 = £2,000
5% on the final £25,000 = £1,250
Total SDLT = £3,250

• Hi,

Try this formula

=SUMPRODUCT(–(E16>{0;150000;250000}), (E16-{0;150000;250000}), {0;0.02;0.03})

E16 has 275000.

Hope this helps.

• Moshe says:

Amazing! Thank you so much.

• Moshe says:

Ashish please can you help me on this one:

This is a breakdown of how the total amount of SDLT was calculated based on the rules from 1 April 2016

The new residential stamp SDLT on £2.5m

Purchase price bands (£)

Percentage rate (%)

SDLT due (£)

Up to 125,000 3% 3,750
Above 125,000 and up to 250,000 5% 6,250
Above 250,000 and up to 925,000 8% 54,000
Above 925,000 and up to 1,500,000 13% 74,750
Above 1,500,000+ 15% 105,000

Total SDLT due 243,750

This is from the Government Land Tax Calculator.

• Hi,

The answer should be 288,750. The last figure should be 150,000 (not 105,000). The formula will be:

=SUMPRODUCT(–(A10>{0;125000;250000;925000;1500000}), (A10-{0;125000;250000;925000;1500000}), {0.03;0.02;0.03;0.05;0.02})

A10 has 2500000

Hope this helps.

• Geoff says:

Hi Ashish,

Slightly complicated one for you, but I’m looking to use excel to calculate a commission rate for any given fee. There are different rates on different portions of the fee. The ranges and rates are as follows (in millions):

£50 ∞ 0.1%
£30 £50 0.2%
£20 £30 0.5%
£10 £20 1%
£5 £10 2%
£2 £5 3%
£1 £2 5%
£0.5 £1 8%
£0.2 £0.5 10%
£0.1 £0.2 15%
£0 £0.1 20%

Would you be able to create a formula which generates the % rate for any given fee please?

Geoff

• Hi,

This is the exact problem I have shared my solution for in the Blog article. Please either download the workbook from the article and try to apply the formula yourself or refer to my solution in the Comments section. You may specifically refer to my solution (in the Comments section) dated September 12, 2012.

If you are unable to get the formula to work (after trying), then let me know.

• karan says:

Hii sir ,
i have doubt in calculation of slab rate of different Amounts
for e.g
Taxable income
A of – 1020000
B of – 320000
C of – 840000.
so how to use formula in excel sheet one formula in one raw not in one formula covered every thing, 3 formula as per the slab rate .plz inform sir about this query.

• Hi,

I am not clear with your question. Please share more data and show your exact expected result.

• Poonam says:

Hi,
I want to calculate a rate list on the basis of following table in Excel Sheet:

Left side range is Space/Volume and Right side is the Incremental Slab Rate

Space Amount
1 to 6 Fix 6000
7 to 20 1000
21 to 30 800
31 to 40 600
41 to 50 500
51 to 60 400
61 to 70 350
71 to 80 300
81 to 90 250
91 to 100 200
101 to 200 150
201 to 1000 100
1001 to 1250 125
1251 to 1500 150
1501 to 1750 175
1751 to 2000 200
2001 to 2250 225
2251 to 2500 250
2501 to 2750 275
2751 to 4000 300

Here I have to pay Fix \$6000 for 1 to 6 Space; \$7000 for 7; \$20000 for 20; \$20800 for 21 and so on…

Is there any formula to calculate the amount as per the incremental slab rate.

• Hi,

Share some input values of size and show the expected result.

• Poonam says:

Thanks for responding,
As asked, I Could have shown in table format, but its not showing here.

For the input 1 to 6, the output is fixed at 6000.

from 7 to 20, the incremental additional is 1000. So for 7 it is 7000, for 14 it is 14,000, for 17 its 17000, …. till… for 20, its 20000.

Then from 21 to 30, the the incremental additional is 800. So for 21 it is 21800, for 24 it is 23,200, for 27 its 25,600, …. till… for 30, its 28,000.

Similarly, there are slabs as given alongwith the incremental addition for each slab.
Can we arrive at any formula to calculate the amount as per the incremental slab rate.

Thanks.

• Poonam says:

Thanks….
I worked out my solution by putting the formula:

=SUMPRODUCT(–(C25>{0;1;2;3;4;5;6;20;30;40;50;60;70;80;90;100;200;1000;1250;1500;1750;2000;2250;2500;2750;4000}), (C25-{0;1;2;3;4;5;6;20;30;40;50;60;70;80;90;100;200;1000;1250;1500;1750;2000;2250;2500;2750;4000}), {6000;-6000;0;0;0;0;1000;-200;-200;-100;-100;-50;-50;-50;-50;-50;-50;25;25;25;25;25;25;25;25;25})

and its working. Thanks for the help.

• ceeyes says:

Dear Ashish

Kindly help me in this below slab

If UNIT lot UNIT lot Factor
Less than 0 2,500.00 0%
from 2,500.00 5,000.00 4%
from 5,000.00 10,000.00 8%
from 10,000.00 15,000.00 12%
from 15,000.00 20,000.00 20%
Greater than 20,000.00 – 25%

If i have 9100 unites, then my answer would be 428

I could not get the result in my worksheet

regards
Ceeyes

• Ceeyes says:

I am sorry, the headings are not appearing normal..

0.00 to 2,500
2,500 to 5,000 etc.,

• Hi,

This formula works fine

=SUMPRODUCT(–(A11>{0;2500;5000;10000;15000;20000}), (A11-{0;2500;5000;10000;15000;20000}), {0;0.04;0.04;0.04;0.08;0.05})

A11 has 9100.

• Deepak says:

Dear Ashish

I want to Calculate Commission Percentage on LDP.

If LDP Price is below AED15.00 _ Percentage 0%
If LDP Price is Within AED16 to AED20.00 _ Percentage 0.75%
If LDP Price is Within AED21 to AED25.00 _ Percentage 1.00%
If LDP Price is Within AED26 to AED30.00 _ Percentage 1.50%
If LDP Price is Greater than AED30.00 _ Percentage 2.00%