If either one or both the conditions are found to be “false” by the AND function, then the bonus is calculated as salary multiplied by 5%.Įxamples 1 and 2 have only two criteria to test and evaluate.If both the conditions are satisfied, the AND function returns “true,” then the bonus received is calculated as salary multiplied by 10%.Drag the formula to find the bonus of all employees.īased on these results, the IF formula does the following evaluation:.Press “Enter” to get the final output.The number of orders received is greater than or equal to 200, and the performance is equal to “A.”.The criteria to calculate the bonus is as follows. Calculate the employee hike (or bonus) based on two parameters–the number of orders received and performance. read more has the list of employee name along with their orders received, performance, and salaries. It can be found under the data tab in the what-if analysis section. The given data table Data Table A data table in excel is a type of what-if analysis tool that allows you to compare variables and see how they impact the result and overall data. We will understand this concept with the help of the below-mentioned example. The IF AND formula can also perform calculations based on whether the AND function returns “true” or “false,” apart from returning only the predefined text strings. read more is “false” or both the arguments entered are “false,” then the IF function will return a blank string. If either of the arguments in the AND function AND Function The AND function in Excel is classified as a logical function it returns TRUE if the specified conditions are met, otherwise it returns FALSE.If both the arguments entered in the AND function is “true,” then the IF function will return that apartment to be “Consider.”.The results in the cell D of the above table shows that the IF AND formula will be performing one among the following: Drag the formula to find the results for all the apartments.It can also be used along with the IF formula to return the desired result. It returns “true” if all the conditions mentioned are satisfied, or else returns “false.” It tests more than one criterion and accordingly returns an output. The logical AND formula is used to test multiple criteria.
Read more is used to test and compare the conditions expressed with the expected value. It is a conditional function of Excel, which returns the result based on the fulfillment or non-fulfillment of the given criteria. The IF formula in Excel IF Formula In Excel IF function in Excel evaluates whether a given condition is met and returns a value depending on whether the result is “true” or “false”.Based on the output of the AND function, the IF function returns either the “true” or “false” value, respectively. The IF AND excel formula is the combination of two different logical functions often nested together that enables the user to evaluate multiple conditions using AND functions.