The IF function in Excel is a versatile tool that allows you to return different values based on whether a specified condition is met. It is widely used due to its simplicity and adaptability to various real-world scenarios.
Here's how you can utilize the IF function effectively:
Download the Excel workbook If.xlsx to follow along.
We aim to display a Bonus value when sales exceed $3000, and No Bonus otherwise. Additionally, we'll calculate a 10% bonus based on the sales.
STEP 1: Start by entering the IF function in an empty cell:
=IF(
STEP 2: Define the IF function's arguments:
Table of Contents
Logical_test
What condition are you checking?
Check if the Sales Rep's sales are over $3000.
=IF(D15>3000,
Value_if_true
What should appear if the condition is true?
Display "Bonus" if the condition is met.
=IF(D15>3000, "Bonus",
Value_if_false
What should appear if the condition is false?
Show "No Bonus" if the condition isn't met.
=IF(D15>3000, "Bonus", "No Bonus")
Extend this formula to other cells by dragging the bottom-right corner down.
STEP 3: Now, let's calculate the 10% Bonus!
The IF function's arguments:
Logical_test
What condition are you checking?
Check if the Sales Rep's sales are over $3000.
=IF(D15>3000,
Value_if_true
What should be shown if the condition is true?
Calculate a 10% bonus based on the sales.
=IF(D15>3000, D15*10%,
Value_if_false
What should be shown if the condition is false?
If the condition isn't met, the bonus should be 0.
=IF(D15>3000, D15*10%, 0)
Extend this formula to other cells by dragging the bottom-right corner down.
You now have all the results!
The above is the detailed content of IF Function: Introduction. For more information, please follow other related articles on the PHP Chinese website!

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