Hi Anand,
Thank you for your response.Please refer to the calculation below.  For 
repetitive items,rank formula removes subsequent rank for example 11 % rank 3 
is not assigned due to multiple entry for the same standing.
I want to ignore repetitive occurrences of rates and decide first, Second third 
highest rates and so on. For example you want to know position of 9%, the 
solution I am looking for should give  4th highest rate while the rank function 
gives rank 5.
Please provide new solution if possible 
Thanks once again
Fin. Inst.
Rates in %      Rank
A       10      4
B       11      2
C       12      1
D       11      2
E       6       10
F       9       5
G       8       7
H       8       7
I       9       5
J       7       9
 
Atul Patel
H: 905 785 8324
C: 647 898 4074
atul_pate...@yahoo.com
 
Good to know you !

Sent from my iPhone

On 2012-03-21, at 21:47, Anand Kumar <anand...@gmail.com> wrote:

> Hi Atul,
> 
> Rank function seems to work perfectly fine here.... Copied the name of 
> Institutions to A column and percentages to column B in C2 the formula was 
> =RANK(B2,$B$2:$B$11,0) now drag the formula till C11 you get the desired 
> result.
> 
> Warm regards,
> 
> Anand Kumar
> 
> On Wednesday, 21 March 2012 02:54:21 UTC+5:30, Atul wrote:
>  
> Hi,
>  
> I need help to find position of a particular number in a given data set. 
> Please refer to the table below.
>  
> Fin. Inst.    Rates in %
> A     10
> B     11
> C     12
> D     11
> E     6
> F     9
> G     8
> H     8
> I     9
> J     7
>  
> In the above example, Rates are given for each financial institution. In 
> descending order,the rate 12% is at the 1st position,11% is 2nd highest and 
> so on. While using function LARGE or SMALL, we need to assign kth position to 
> get the required result.
>  
> I need to find (kth) position of given rate from the list, ignoring the 
> duplicate items. Going back to the above example, 11% will be the second 
> highest rate, 10% being the third highest rate and so on. Please let me know 
> the function or combination of functions.  
>  
> Thank you for your help and time.
>  
> Regards,
>  
> Atul Patel
> H: 905 785 8324
> C: 647 898 4074
> atul_pate...@yahoo.com
>  
> Good to know you !
>  
>  
> Atul Patel
> H: 905 785 8324
> C: 647 898 4074
> atul_pate...@yahoo.com
>  
> Good to know you !
> 
> 
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