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Day 4
Day 4
In this example get the values Using VLOOKUP for the cells D2, E2, F2
and G2 which are having the titles as First Name, Department,
Extension and Date Hired respectively.h
Income is Greater Than But Less Than or
Tax Rate
or Equal To… Equal To…
Enter Income: ₹ 5,000 ₹0 ₹ 2,650 15.00% Enter Income:
The Tax Rate is: ₹ 2,651 ₹ 27,300 28.00% The Tax Rate is:
₹ 27,301 ₹ 58,500 31.00%
₹ 58,501 ₹ 131,800 36.00%
₹ 131,801 ₹ 284,700 39.60% Enter Income:
₹ 284,701 45.25% The Tax Rate is:
Note: This is set up to work with whole numbers only (no decimals).
In this example find the tax rate for the given income by using VLOOKUP
Enter Income: ₹ 15,000 Enter Income: ₹ 95,000
The Tax Rate is: The Tax Rate is:
by using VLOOKUP
Income is Greater Than
₹0 ₹ 2,651 ₹ 27,301 ₹ 58,501
or Equal To…
Enter Income: ₹ 125,000 But Less Than… ₹ 2,650 ₹ 27,300 ₹ 58,500 ₹ 131,800
The Tax Rate is: Tax Rate 15.00% 28.00% 31.00% 36.00%
Enter Income: ₹ 300,000 In this example find the tax rate for the given income by using HLOOKUP
The Tax Rate is:
₹ 284,700
39.60% 45.25%