The IF function tests a condition and takes an alternative action depending on the result. It is a logical function and gets Excel to think for itself.
For example, if the sales total in cell B4 is higher than £1500 then calculate the commission, and if not then leave the value as it is.
The IF function can only test one condition. Because of this limitation, it is often combined with other functions like AND and OR that can check multiple conditions.
The syntax for the IF function is:
=IF(logical_test, [value_if_true], [value_if_false])
|Logical_test||The condition to be tested|
|Value_if_true||The action to be taken if the result is true|
|Value_if_false||The action to be taken if the result is false|
Conditions are tested using logical operators.
|>=||Greater Than or Equal To||10>=8||False|
|<=||Less Than or Equal To||10<=10||True|
|<>||Not Equals To||10><10||False|
IF function examples
|1600||=IF(B4>=1500, “Well done”, “Unlucky”)||Well done|
|1050||=IF(B4>=1500, B4*0.1, B4)||1050|
|50||=IF(B4=200, “Bingo”, 0)||0|
|2000||=IF(B4>1500, B4-B4*0.05, “No discount”)||1900|
Double quotations “” are used to tell Excel to accept the text literally. Any text to be displayed in a cell should be enclosed with double quotations.