Have you ever tried to find a cap percentage at a specific amount? Here we will show the formulas to find a cap percentage at a specific amount in Excel. Let’s see them below!! Get an official version of ** MS Excel** from the following link: https://www.microsoft.com/en-in/microsoft-365/excel
Generic Formula
- To find a cap percentage at a specific amount, use the below-given formula.
=[MIN](https://geekexcel.com/how-to-use-excel-min-function-in-office-365-with-examples/)(A1*percent,1000)
Syntax Explanation
- MIN ** – **MIN Function returns the smallest numeric value from the range of input values.
- Comma symbol (,) – It is a separator that helps to separate a list of values.
- Parenthesis () – The main purpose of this symbol is to group the elements.
Practical Example
- Firstly, you have to create a sample data in Excel.
Sample data
- To cap the result of a percentage-based calculation at a a specific amount, you need to use the following formula in formula bar.
=[MIN](https://geekexcel.com/how-to-use-excel-min-function-in-office-365-with-examples/)(C6*10%,1000)
Use the Formula
- Then, you have to Hit the Enter key to get the result as shown below in the cell D6.
Result for cell D6
- Now, you need to press Ctrl+D key to get the results in all other columns.
Output
Verdict
In this way, we learned how to ** find a cap percentage at a specific amount in Excel*. Hope that this article is useful to you. Leave a **comment* or reply below – let me know what you think! Thank you so much for Reading!! Keep learning on Geek Excel!! *And Excel Formulas *!!
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