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Charlie wants to calculate his gross monthly sales

Charlie wants to calculate his gross monthly sales

Charlie wants to calculate his gross monthly sales commissions. The rule is that he receives a commission of 2.5% of his total monthly sales if he sold more than $400,000 worth of vehicles. Otherwise, he only gets 1.5% of his total monthly sales amount.In cell B31, create a formula using theIF function to check whether the value of cellB9isgreater than400000.If this condition is true, the function should multiply cellB9by2.5%to determine Charlie’s commission. (Hint: For the if true value, useB9*0.025.)If this condition is false, the function should multiply the value in cellB9 by1.5% to determine Charlie’s commission. (Hint: For the if false value, useB9*0.015.)

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