This should work -- =IF(G2>10000,0,IF(AND(C2<41000,G2*8.33%>3500),3500,IF(AND(C2<41000,G2*8.33%<3500),G2*8.33%,((41365-C2)*G2*8.33%)/365)))
On Tue, Mar 12, 2013 at 1:50 PM, Prabhakar S H <prabakar.k...@gmail.com>wrote: > 8.33% on Bonus Wage. > > On Tuesday, March 12, 2013 11:48:37 AM UTC+5:30, Abhi wrote: > >> 8.33% of what ? >> >> One should not suppose that all people have similar understanding of >> problem as the person who is asking for a solution. Last time also, you >> missed several things. Please give complete explanation. >> >> PS: I could not understand anything from that sample calculation. >> >> On Tue, Mar 12, 2013 at 10:50 AM, Prabhakar S H <prabak...@gmail.com>wrote: >> >>> Dear Abhi, >>> >>> i missed to inform >>> >>> >>> 8.33% with a maxim cap of 3500rs as bonus and for salary less than 10k.* >>> ***** >>> >>> On Monday, March 11, 2013 6:10:55 PM UTC+5:30, Abhi wrote: >>> >>>> Paste in H2 and drag down. >>>> >>>> =IF(AND(C2<41000,G2<=10000),**35**00,IF(G2>10000,0,((41365-C2)***** >>>> 3500)/365)) >>>> >>>> This is based on following assumptions: >>>> >>>> >>>> - Bonus is calculated till 31.03.2013 @ Rs. 3500 for 365 days if >>>> bonus wage is <= 10000 and employee joined before 1.4.12 (which means he >>>> worked for full year). >>>> - If bonus wage is greater than 10000, no bonus. >>>> - If employee joined between the year then number of days till >>>> 31.03.13 x 3500 / 365 >>>> >>>> >>>> HTH >>>> >>>> On Mon, Mar 11, 2013 at 5:42 PM, Shrinivas Shevde <shrini...@gmail.com >>>> > wrote: >>>> >>>>> Dear Prabhakar >>>>> Please clear Following things >>>>> 1.What is full year (how much Bonus wage is full year) >>>>> 2.In body of mail u r showing greater than 10000 but in Sheet u r >>>>> writing less than 10000 >>>>> 3.What is prorata basis >>>>> >>>>> Regards >>>>> Shrinivas >>>>> >>>>> >>>>> >>>>> On Mon, Mar 11, 2013 at 4:03 PM, Prabhakar S H >>>>> <prabak...@gmail.com>wrote: >>>>> >>>>>> Hi Team, >>>>>> >>>>>> in attached sheet i need to put If condition to get Bouns Amount of >>>>>> Rs 3500/- based on the below criteria: >>>>>> >>>>>> = if Bonus Wage is >10000 then Zero >>>>>> = if he worked full year then need to pay 3500/- >>>>>> = if he joined in between the year then need to pay on prorata basis >>>>>> >>>>>> Pls help. >>>>>> >>>>>> Rgds, >>>>>> Prahakar. >>>>>> >>>>>> -- >>>>>> Are you =EXP(E:RT) or =NOT(EXP(E:RT)) in Excel? 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