Excel VLOOKUP example, using an exact match

You have the following table:

Product ID Available Stock Price

2345 500 15
5457 234 28
9823 155 13
1233 122 12
2344 166 24

You've been asked to come up with a way to check the price of a product when a product ID is typed into a give

Product ID 9823
Price

You write a VLOOKUP function which looks like this:

Product 9823
Price formula =VLOOKUP(B20,$A$6:$C$10,3,0)
Price 13

Try changing the value in the yellow cell to see the price in B22 change
Note what happens if you enter a value in B20 that isn't in the Product ID column above.
en a product ID is typed into a given cell

umn above.
Excel VLOOKUP example, using a nearest match

You have the following table:

Quantity Unit Price

0 20
10 18
50 16
100 13
200 12

You've been asked to come up with a way to check the price of a product for a given sales quantity
The method you use should handle any sales quantity that is entered

You write a VLOOKUP function which looks like this:

Quantity 23
Price formula =VLOOKUP(B18,$A$6:$C$10,2,1)
Price 18

Try changing the value in the yellow cell to see the price in B20 change
Note what happens if you enter a value in B18 that isn't in the Product ID column above.
a given sales quantity

umn above.