Apply commission tiers with IFS
Return the right rate from several tiers without nesting.
IFS
Checks several conditions in order and returns the first match. Below are 1 interactive exercise that put it to work on realistic business data — you write the formula, and get told exactly what went wrong when it does not work.
IFS(logical_test1, value1, [logical_test2, value2], ...)
Available from Excel 2019.
Ordered from most approachable to hardest.
Checks several conditions in order and returns the first match. It belongs to the logical functions family, and it shows up constantly in real work — which is why it is worth being genuinely fluent rather than merely familiar.
Before this one, it helps to be comfortable with IF. The exercises below assume that ground is covered.
Reading about a function is not the same as being able to write it. The exercises on this page exist because the gap between recognising IFS and producing it from memory, correctly, on data you have not seen before, only closes by doing it.