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The Lookup Function

Say your company offers a bonus for meeting sales goals. The bonus is calculated as a percent of the sales.

 

The best way to calculate the bonus is with a Lookup function. A vertical, or VLookup uses the values in the columns. A horizontal, or HLookup, uses the data in rows.

 

Try it: Create a VLookup

Before you begin, Insert a new Sheet and rename it Bonus.

 

Add the following labels:

In cell A1, type Sales Rep

In cell B1, type Sales Total

In cell C1, type Commission

In cell D1, type Bonus

In cell F1, type Sales

In cell G1, type Percent

 

Format the Labels Bold.

Add the names of our sales reps: Alex, Connie, Elizabeth and Niki.

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