September 2006
Beginner to intermediate
397 pages
13h 15m
English
Content preview from Microsoft Excel Functions & Formulas
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Use the IF function to calculate with
different tax rates
If two or more different tax rates have to be handled, you can use
the IF function to calculate each one individually. Simply combine
several IF functions, depending on the calculation.
4
To calculate the price after tax:
1. In column A, enter some prices.
2. In column B, enter different tax percentages (0, 8, or 10 for
this example).
3. Select cells C2:C10 and type the following formula: =IF
(B2=8,A2/100*8,IF(B2=10,A2/100*10,A2/100*0)).
4. Press <Ctrl+Enter>.
5. Select cells D2:D10 and type the formula =A2+C2.
6. Press <Ctrl+Enter>.
Logical Functions 49
2
Figure 2-10
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