Question:medium

Write the steps to create ‘If’ function using formula tab and dialogue box on a given spreadsheet where the total income less expenses if greater than ₹ 10,000 then 10% savings and if income is less than ₹ 10,000 then 5% savings. Also write the syntax of the result.

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The 'If' function is a powerful tool in spreadsheets to make decisions based on specific conditions.
Updated On: Jan 13, 2026
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Solution and Explanation

To implement the IF function in a spreadsheet:

  1. Select the cell designated for the output.
  2. Navigate to the formula tab and select "Insert Function".
  3. Within the dialog box, choose IF from the available functions.
  4. In the logical test field, input the following condition: =(income - expenses) < 10000.
  5. For the value if true field, enter: =(income - expenses) * 10%.
  6. For the value if false field, enter: =(income - expenses) * 5%.
  7. Click "OK" to finalize the formula.

The function's syntax is:

\[ \text{=IF((income - expenses) < 10000, (income - expenses) * 10\%, (income - expenses) * 5\%)} \]

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