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IF Formula to calculate actual time*cost ?

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If Formula To Calculate Actual Time*cost ?

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ConfusedHi,

I need some help working out how i can get my spreadsheet to understand that working for 15 minutes would be one price working for 30 mins would be double that price, this is for a company work log so the user would select i.e 1 hour in time taken and the total would calculate the cost.



Thanks 
Customer
Date
Worker
Product
Time Taken
Total (excl VAT)
Invoice Number
Customer History


Nick
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1 x text link advert for 1 year

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Content Optimization

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£30.00




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£10.00




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£6.00




Setting Up Facebook

£75.00






£211.00























 CLO
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Oops
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If the time entered is in date/time format you get the number of hours by using the =HOUR(value) function. If you have a 15 minute price then you can simply divide the hours by 4 and multiply by the price.

If you have multiple prices depending on time taken, then you can pass the time taken in a lookup function to get the rate and then multiply.
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