Final answer:
The result of the Excel formula will be 0.
Step-by-step explanation:
In Excel, the formula =IF(A3>50,IF(A3<60,1,0),IF(B3>60,1,0)) will evaluate multiple conditions and provide a result based on those conditions.
In this specific example, if the value in cell A3 is greater than 50 but less than 60, the formula will return 1. If the value in cell B3 is greater than 60, the formula will also return 1. Otherwise, it will return 0.
So, if A3=50 and B3=60, the result of the formula is 0.