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Software ==>	Excel (113 exercises)
Topic ==>	Lookup functions (10 exercises)
Level ==>	Harder than average
Subject ==>	Excel training

Create a lookup formula to show the council tax for any given house, using VLOOKUP

This exercise is provided to allow potential course delegates to choose the correct Wise Owl Microsoft training course, and may not be reproduced in whole or in part in any format without the prior written consent of Wise Owl.

Before you can do this exercise, you'll need to download and unzip this file .

Open the file in the folder above. Your task is to create a VLOOKUP formula to work out what council tax you will pay (this will feed into the rest of the spreadsheet).

An incomplete Excel worksheet

The model is showing we are buying a house worth £297,500 - but how much council tax will we pay on this each year?

Create your lookup table using the following information (these council tax rates are invented, but the principle and the fact that there are 8 bands from A to H is correct):

Price range	Band	Council tax
£0-£140k	A	£1,000
£140k-£180k	B	£1,200
£180k-£220k	C	£1,400
£220k-£260k	D	£1,600
£260k-£300k	E	£1,800
£300k-£400k	F	£2,000
£400k-£500k	G	£2,200
£500k or more	H	£2,400

It's easiest to create a lookup table if you start with the bottom row and work your way upward.

Add formulae to the yellow cells using the VLOOKUP function to show your council tax band and council tax for these house price assumptions.

Completed VLOOKUP formulae in Excel

For this house price you will pay £1,800 a year an band E.

Try changing your house price to make sure that the council tax band and rate are both being calculated correctly.

Save your workbook as With council tax then close it down.

You can unzip this file to see the answers to this exercise, although please remember this is for your personal use only.

You can find other training resources for the subject of this exercise here:

Microsoft Excel training courses

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