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How to write a Formula


 Please help me to write a formula for the Below:


Basic Pay: 25000

Rent allowance: 30% of Basic Pay subject to Maximum of 5000


Now how to write a formula in a cell to find out Rent allowance


My Email ID:


Thanking You.


Yours faithfully,


Jayakumar, India

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Suppose your Basic Amount is in cell A5 then write a formula in B5 - If(A5*0.3>5000,5000,A5*.03) and copy this formula to all cells in coloumn B .

Posted on Oct 12, 2007


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