The Pick the tool guide
Two rules, both must hold, and a "Yes" or "No" per person. Two people sit exactly on the edges. The task doesn't say which functions to use.
Read the rule first
- "Both have to be true" is AND. "Either" would be OR.
- "At least $40,000" includes 40,000:
>=. - "Under 5%" doesn't include 5%:
<. - "Yes" or "No" is IF around the test.
One way to write it
=IF(AND(B2>=40000, C2<5%), "Yes", "No")
Two IFs inside each other also work: =IF(B2<40000, "No", IF(C2>=5%, "No", "Yes")). AND is shorter and easier to check.
Where it goes wrong
- OR. One condition is enough, so too many people get the bonus.
- > instead of >=. The rep with exactly $40,000 misses out.
- <= instead of <. The rep with exactly 5% returns gets it.
- <5 without the %. Returns are stored as 0.05, so everyone is under 5.
The full lesson: IF with AND and OR.
FAQ
- How do I use IF with two conditions in Excel?
- Put AND inside IF: =IF(AND(B2>=40000,C2<5%),"Yes","No"). Use OR if either condition is enough.
- How do I compare a percentage in an IF formula?
- Write the percentage with %, C2<5%, or as a decimal, C2<0.05. 5 on its own means 500%.
- What is the difference between > and >= in Excel?
- > is "more than", so the value itself doesn't count. >= is "at least", so it does.






























































