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Excel) A tollway truck plaza gives a discount on diesel fuel to truckers based on the total quantity they purchase. Which of the formulas below calculates the correct total price to charge a customer for the diesel pumped based on the following conditions:
Assume that cell A1 shows the total quantity (in gallons) of diesel purchased and cell B1 is the price per gallon. The correct formula will calculate the total amount that the trucker should pay, after discount (if any) has been applied.
=IF(A1>50,A1*B1*98%,A1*B1)
=IF(A1<50,A1*B1,A1*B1-(A1*B1*98%))
=A1*B1*IF(A1<50,1,98%)
=A1*IF(A1<50,B1,2%*B1)
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