*To edit and practice on your own, please download this sheet.

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Business Intelligence & Data Analysis

CFI Excel-erator Challenge 4: SUMPRODUCT()

The below table shows credit card data for cashback rewards and sign up bonuses. Calculate the totals to be p

Cash back is paid as a % of total spend. Sign up bonus is paid as a fixed % of total spent, only if criteria is met b
Task 1 Easy Complete the [Total Cash Back] calculation using a single sum product formula.
Task 2 Medium Complete the [Cash Back Amounts By Credit Card Type] calculations using a cond
Task 3 Hard Complete the [Total Sign Up Bonus Paid] calculation.

Credit Card Reward Data

Sign Up Cashback Sign Up Bonus
ID Credit Card Total Spend Bonus % Reward % Criteria 1
1 Travel Master 400 2.0% 1.0% null
2 Travel Master 200 2.0% 1.3% MET
3 Travel Master 300 2.0% 1.9% null
4 Shopper Rewards 200 2.0% 2.3% MET
5 Luxury Only 100 2.0% 2.2% MET
6 Shopper Rewards 150 2.0% 2.1% null
7 Shopper Rewards 200 2.0% 2.5% null
8 Shopper Rewards 230 2.0% 2.3% MET
9 Travel Master 180 2.0% 2.9% MET
10 Travel Master 190 2.0% 2.5% null
11 Luxury Only 230 2.0% 2.2% MET
12 Shopper Rewards 180 2.0% 1.8% MET
13 Travel Master 200 2.0% 1.6% MET
14 Travel Master 240 2.0% 1.9% null
15 Luxury Only 280 2.0% 2.3% MET
16 Travel Master 120 2.0% 2.1% MET
17 Travel Master 280 2.0% 2.0% null
18 Travel Master 170 2.0% 1.9% MET
19 Shopper Rewards 180 2.0% 1.2% MET
20 Travel Master 210 2.0% 1.5% null

Relevant Links & Learning Materials

Check out this short lesson on SUMPRODUCT() from our Data Analysis in Excel course.

# Internal
he menu, click 'File' --> 'Save As' --> 'Download a Copy'

s. Calculate the totals to be paid out, without creating any helper columns.

spent, only if criteria is met by the cut off date.

single sum product formula.
Type] calculations using a conditional Sum product formula.

Sign Up Bonus Sign Up Bonus Sign Up Bonus Sign Up Bonus Cut

Criteria 2 Criteria 3 Criteria Met By Off Date
null null 01 Jan 2023 31 Dec 2022
null MET 01 Jan 2023
null null 01 Jan 2023 Sign Up Bonus % Total Cash Back Am
MET MET 03 Feb 2023 2.00%
MET MET 01 Jan 2022
null null 01 Jan 2023
null null 01 Jan 2023
null null 01 Jan 2023
null null 01 Jan 2023
null MET 01 Jan 2023
null null 01 Jan 2023
MET MET 30 Nov 2020
MET MET 30 Nov 2021
null null 01 Jan 2023
null null 01 Jan 2023
MET MET 03 Feb 2023
null null 01 Jan 2023
MET MET 03 Feb 2023
MET MET 03 Feb 2023
null null 01 Jan 2023

# Internal
 Correct Values

Total Cash Back Reward Paid

81.67 81.67

Total Cash Back Amounts By Credit Card Type

Travel Master 44.53 44.53 Correct value cells will turn
Shopper Rewards 23.44 23.44 green when your answers
Luxury Only 13.70 13.70 match

Total Sign Up Bonus Paid

9.60 9.60

**Sign up bonus is 2% of total spend. Paid

only if criteria are met by the cut off date.

# Internal