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Question 5The company gives a 1% discount on any Extra Large or larger orders. In the “Discount” column, create a formula that returns 0.01 if the “Expanded Order Type” is Extra Large, XX Large, or XXX Large, and returns 0 otherwise. You can accomplish this by using a (select all that apply):1 pointVLOOKUP formulaHLOOKUP formulaNested IF formulaA single IF formula (without additional formulae)

Question

Question 5The company gives a 1% discount on any Extra Large or larger orders. In the “Discount” column, create a formula that returns 0.01 if the “Expanded Order Type” is Extra Large, XX Large, or XXX Large, and returns 0 otherwise. You can accomplish this by using a (select all that apply):1 pointVLOOKUP formulaHLOOKUP formulaNested IF formulaA single IF formula (without additional formulae)

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Solution

The correct answer is "Nested IF formula".

Here is a step-by-step guide on how to do it:

Step 1: Click on the cell where you want to create the formula.

Step 2: Start your formula with =IF(

Step 3: After the opening bracket, click on the cell that contains the "Expanded Order Type".

Step 4: Type ="Extra Large",0.01, after the cell reference. This part of the formula checks if the order type is "Extra Large". If it is, it returns 0.01.

Step 5: After the first part of the formula, type another IF formula: =IF(SelectedCell="XX Large",0.01,

Step 6: Repeat the process for "XXX Large": =IF(SelectedCell="XXX Large",0.01,0)

Step 7: Close all the brackets. Your final formula should look like this: =IF(SelectedCell="Extra Large",0.01,IF(SelectedCell="XX Large",0.01,IF(SelectedCell="XXX Large",0.01,0)))

This formula will return 0.01 if the order type is either "Extra Large", "XX Large", or "XXX Large". Otherwise, it will return 0.

This problem has been solved

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