multiple excel if statements to produce value 1,2 or 3

Question

I am trying to find out the right if statement to use for this task:

if B5 is higher than C5 = 1
if B5 is within 2% higher than C5 = 2
if B5 is lower than C5         


        

Answer 1

I haven't used excel for years, so I'm not sure as to the exact syntax, but you can you nested if-else statements to achieve this sort of thing. i.e. something to the effect of:

if (B5 is within 2% higher than C5)
    print 2
else if (B5 is higher than C5)
    print 1
else
    print 3