excel if then formula with two conditions

Method 3: IF Function with OR Logic =IF(OR( A2='Mavs', B2='Guard', C2>25), 'Yes', 'No') Method 1: Nested IF Function =IF( C225), 'Yes', 'No') MrExcel ® is a registered trademark of Tickling Keys, Inc.Īll contents © 1998 - 2022 MrExcel Publishing | All rights reserved.You can use the following formulas to create an IF function with 3 conditions in Excel: View our Privacy Policy, Cookies Policy, and Terms of Use.Įxcel ® is a registered trademark of the Microsoft Corporation. You can earn a commission for sales leads that you send to us by joining our Any affiliate commissions that weĮarn when you click a link to Amazon or other sites is reinvested in keeping Web site are provided 'as is' and we do not guarantee that they can be used in all The Formulas, Functions and Visual Basic procedures on this provides examples of Formulas, Functions and Visual Basic proceduresįor illustration only, without warranty either expressed or implied, includingīut not limited to the implied warranties of merchantability and/or fitness forĪ particular purpose. This article is an excerpt from Power Excel With MrExcel While the multiplication concept works fine in Excel, the addition will end up paying a double-bonus: =F2*0.02*((Test1)+(Test2)) might end up with =F2*0.02*2 which is not what you want.

Traditionally, AND is equivalent to multiplication and OR is equivalent to addition. Gotcha: Don’t use this last method when you have an OR condition. If you enter =SUM(A1:E1) and cells in that range contain a TRUE, the TRUE is ignored. This does not happen when Excel is calculating functions. Multiplying by a logical test is equivalent to AND.Īdditional Details: Excel treats TRUE as a 1 when you use an operator such as +-*/^ on the TRUE value. Since any number times zero is zero, the logical tests at the end of the formula will wipe out the bonus if any one of the conditions is not true. When Excel has to use TRUE or FALSE in an calculation, the TRUE is treated as a one. As Excel is calculating the formula, one intermediate step will be =22810*0.02*TRUE*FALSE. Excel treats (F2>20000) as a logical test and will evaluate that expression to either TRUE or FALSE. Those additional terms must be in parentheses. But then the formula continues with two additional terms. This formula starts out calculating a 2% bonus for everyone: =F2*0.02. Only one person has ever suggested the following clever method. 70% of those people suggest using multiple IF statements. I’ve done my Power Excel seminars for thousands of people who use Excel 40 hours a week. Students of logic design might remember that when you algebraically simplify a complex boolean expression, using NOT(OR()) might be the simplest way to create a test. The NOT function will reverse a TRUE to FALSE and a FALSE to TRUE. If any one of the tests is TRUE, then OR will return TRUE.

The OR function takes up to 255 logical tests. If you see the power of AND, then you will appreciate the OR and NOT functions. Use the AND() function as the logical test inside the IF statement. If any argument is false, then AND will return FALSE. The AND function will return TRUE if all of its arguments are TRUE. The AND function will hold up to 255 logical tests. The above approach becomes unwieldy, as the formula is =IF(Test1,IF(Test2,IF(Test3,IF(Test4,IF(Test5, Formula If True,0),0),0),0),0). Imagine if you had to test for five conditions. This will provide the third argument and closing parentheses for the first IF statement. Gotcha: Don’t forget to type the ,0) at the end of the formula. Using a second IF statement as the second argument. In this case, the second argument is another IF statement that checks to see if the GP% is over 50%. The second argument holds a formula to use when the logical test is true. This first checks if the revenue is over $20,000. The most common solution is nesting one IF statement inside of another. Strategy: There are three common solutions to this problem: nesting IF statements, using AND, using boolean formulas. The GP% must be 50% or higher in addition to the sale being over $20,000. Problem: The CFO decided we should only pay the 2% bonus if a second condition is met.

Excel if then formula with two conditions