Excel VLOOKUP example, using an exact match
You have the following table:
Product ID Available Stock Price
2345 500 15
5457 234 28
9823 155 13
1233 122 12
2344 166 24
You've been asked to come up with a way to check the price of a product when a product ID is typed into a give
Product ID 9823
Price
You write a VLOOKUP function which looks like this:
Product 9823
Price formula =VLOOKUP(B20,$A$6:$C$10,3,0)
Price 13
Try changing the value in the yellow cell to see the price in B22 change
Note what happens if you enter a value in B20 that isn't in the Product ID column above.
n a product ID is typed into a given cell
Excel VLOOKUP example, using a nearest match
You have the following table:
Quantity Unit Price
0 20
10 18
50 16
100 13
200 12
You've been asked to come up with a way to check the price of a product for a given sales quantity
The method you use should handle any sales quantity that is entered
You write a VLOOKUP function which looks like this:
Quantity 23
Price formula =VLOOKUP(B18,$A$6:$C$10,2,1)
Price 18
Try changing the value in the yellow cell to see the price in B20 change
Note what happens if you enter a value in B18 that isn't in the Product ID column above.
a given sales quantity