Excel Formula for Conditional Addition of 10%

Objective

To create an Excel formula that adds 10% to a specific cell's value based on the answer in another cell.

Formula Structure

The formula utilizes the IF function to check the condition in the reference cell and apply the 10% increase accordingly.

Formula Syntax

=IF(condition_cell=condition_value, original_cell * 1.10, original_cell)

Explanation

• condition_cell: The cell that contains the condition to evaluate (e.g., A1).
• condition_value: The value you are checking for in the condition cell (e.g., "Yes").
• original_cell: The cell containing the value you want to increase (e.g., B1).
• original_cell * 1.10: This calculates the original value plus 10%. The multiplier 1.10 effectively adds 10%.

Practical Example

Assume the following:

• Cell A1 contains the answer (e.g., "Yes" or "No").
• Cell B1 holds the original value (e.g., 100).

Example Formula

=IF(A1="Yes", B1 * 1.10, B1)

How It Works

1. If the value in cell A1 is "Yes", the formula will calculate 100 * 1.10, resulting in 110.
2. If A1 is anything other than "Yes", it returns the original value, which is 100.

Use Case

This formula can be used in scenarios such as:

• Pricing adjustments depending on a specific condition (e.g., customer loyalty).
• Discounts that only apply based on certain criteria.

By utilizing this structured approach, users can easily implement conditional calculations in their Excel worksheets. For further learning and improvement in data analysis and Excel skills, consider exploring courses on the Enterprise DNA platform.