IFLOGICAL Function in Excel

Example 4: Monthly Bonus Calculation

Let’s calculate the monthly bonus for employees based on their performance and position in the company:

Explanation:

• We have a table with employee data, including their position and sales performance.
• The IFLOGICAL function evaluates the bonus rate based on the employee’s position and sales performance:
  • If the employee is a Manager and their sales are $20,000 or more, the bonus rate is 15%. If the sales are between $15,000 and $20,000, the bonus rate is 10%. Otherwise, the bonus rate is 0%.
  • If the employee is an Associate and their sales are $10,000 or more, the bonus rate is 5%. Otherwise, the bonus rate is 0%.
• The Monthly Bonus is calculated by multiplying the Bonus Rate by each employee’s total sales (SUM(C2:C4)). If there is no bonus applicable, it displays “No Bonus.”

Example 5: Expense Budget Management

Let’s track expenses against the allocated budget for different expense categories:

Explanation:

• We have a table with expense data, including the allocated budget and expenses for different categories.
• The IFLOGICAL function calculates the remaining budget for each category by subtracting the actual expenses from the allocated budget. If there is a surplus, it displays the remaining budget; otherwise, it shows “Over Budget.”
• The Status column uses the IFLOGICAL function to evaluate whether the category is “Under Budget” (if the remaining budget is greater than 0) or “On Budget” (if the remaining budget is 0 or less).

Example 6: Project Progress Tracker

Let’s track the progress of projects based on the number of completed tasks:

Explanation:

• We have a table with project data, including the total number of tasks and the number of completed tasks.
• The IFLOGICAL function calculates the progress of each project by dividing the number of completed tasks (C2:C4) by the total number of functions (B2:B4). If there are no tasks, it shows 0.
• The Status column uses the IFLOGICAL function to evaluate whether the project is “On Track” (if the progress is more significant than 50%) or “Behind” (if the improvement is 50% or less).

Example 7: Stock Portfolio Analysis

Let’s analyze the performance of a stock portfolio based on the change in stock prices:

Explanation:

• We have a table with stock data, including the stock price and the percentage change in stock prices.
• The IFLOGICAL function evaluates whether the change percentage is positive or negative:
  • If the change percentage is greater than or equal to 0, it shows “Up.”
  • If the change percentage is less than 0, it shows “Down.”
• The Status column indicates whether each stock’s price is going “Up” or “Down” based on the change percentage.

Example 8: Employee Evaluation

Let’s evaluate employees’ performance based on their achievements and attendance:

Explanation:

• We have a table with employee data, including their achievements and attendance percentages.
• The IFLOGICAL function evaluates employees’ performance based on the following criteria:
  • If the achievement is 75% or above and attendance is 85% or above, the performance is “Outstanding.”
  • If the achievement is 65% or above and attendance is 75% or above, the performance is “Satisfactory.”
  • Otherwise, the performance “Needs Improvement.”
• The Evaluation column shows the evaluation based on the performance.

Example 9: Project Priority

Let’s prioritize projects based on their impact and urgency:

Explanation:

• We have a table with project data, including the impact and urgency levels.
• The IFLOGICAL function prioritizes projects based on their impact and urgency using the following criteria:
  • If the effect is “High” and urgency is “Medium,” the priority is “High.”
  • If the product is “High” and urgency is “Low,” the focus is “Medium.”
  • Otherwise, the focus is “Low.”

Example 10: Temperature Forecast

Let’s forecast the weather condition based on the temperature:

Explanation:

• We have a table with temperature data for different cities.
• The IFLOGICAL function forecasts the weather condition based on the temperature using the following criteria:
  • If the temperature is 30°C or higher, the forecast is “Hot.”
  • If the temperature is between 20°C and 29°C, the prognosis is “Moderate.”
  • Otherwise, if the temperature is below 20°C, the forecast is “Cool.”

Example 11: Conference Registration Fee

Let’s calculate the registration fee for attendees based on their registration type and early bird discount:

Explanation:

• We have a table with attendee data, including their registration type.
• The IFLOGICAL function calculates the registration fee based on the registration type using the following criteria:
  • If the registration type is “Early Bird,” the cost is $150.
  • If the registration type is “Regular,” the price is $200.
  • If the registration type is “Group Discount” (assuming it applies to either “Early Bird” or “Regular”), the fee is $180.

Example 12: Exam Grading Scheme (Correct Function)

Let’s assign grades to students based on their exam scores:

Explanation:

• We have a table with student exam scores.
• The IFLOGICAL function assigns grades to students based on the following criteria:
  • If the score is 90 or above, the quality is “A.”
  • If the score is between 80 and 89, the quality is “B.”
  • If the score is between 70 and 79, the quality is “C.”
  • If the score is between 60 and 69, the quality is “D.”
  • Otherwise, if the score is below 60, the quality is “F.”

Note: This example has been corrected to use the IFLOGICAL function for grading.