I tried to use this but it is not working...
=IF(A7>=125000,"1",IF(A7>=200000,"2",IF(A7>=300000,"4","0")))
No because it is 100 times greater than 1200
It is 120000.
3% of 120000 = 3% * 120000 = 0.03 * 120000 = 3600
20% of $120000 = 20% x $120000 = 0.20 x $120000 = 2400
It is 120000, exactly as it appears in the question!
120000
DR CR Inventory 120000 Capital 120000 DR CR Inventory 120000 Capital 120000
70% of 120,000= 70% * 120000= 0.7 * 120000= 84,000
2% of 120,000 = 2% * 120000 = 0.02 * 120000 = 2,400
1% of 120,000= 1% * 120000= 0.01 * 120000= 1,200
120000
120 tons.120 tons.120 tons.120 tons.