Learn How to Calculate Shipping Cost With VLOOKUP in Microsoft Excel
The main purpose of this formula is to calculate the shipping costs based on weight. Here we will learn how to calculate shipping costs with VLOOKUP in the given data range in the workbook in Microsoft Excel.
That implies, with the help of a formula based on the VLOOKUP function, you can able calculate the shipping cost based on weight. So, with the help of this formula, you can able to calculate shipping costs with VLOOKUP in the given data range in the workbook in Microsoft Excel.
General Formula to Calculate Shipping Cost With VLOOKUP
=VLOOKUP(weight,table,column,1)*weight
The Explanation to Calculate Shipping Cost With VLOOKUP
So we know that with the help of the given formula above, you can able to calculate the shipping costs based on weight. Here we will learn how to calculate shipping costs with VLOOKUP in the given data range in the workbook in Microsoft Excel.
As we know, the VLOOKUP function is configured in approximate match mode by setting the fourth argument to 1 or TRUE. In approximate match mode, the values in the first column of VLOOKUP must be sorted out.
The function will return a value at the first row lesser than or equal to the lookup value. However, with weight as the lookup value, the VLOOKUP function finds and returns the right cost per kg. The cost is finally multiplied by the weight to calculate the final cost.
So now you have learned how to calculate shipping costs with VLOOKUP in the given data range in the workbook in Microsoft Excel.