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Excel VLOOKUP Example, Using An Exact Match

The document provides an example of using Excel VLOOKUP to look up product prices based on product IDs or quantities. It shows a table with product data including IDs, stock levels, and prices. It then demonstrates a VLOOKUP formula to return the price for a given product ID or quantity. The user is instructed to change the lookup value to see how the returned price updates dynamically.

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Muhammad Sufyan Abbas
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© © All Rights Reserved
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Download as XLSX, PDF, TXT or read online on Scribd
17 views

Excel VLOOKUP Example, Using An Exact Match

The document provides an example of using Excel VLOOKUP to look up product prices based on product IDs or quantities. It shows a table with product data including IDs, stock levels, and prices. It then demonstrates a VLOOKUP formula to return the price for a given product ID or quantity. The user is instructed to change the lookup value to see how the returned price updates dynamically.

Uploaded by

Muhammad Sufyan Abbas
Copyright
© © All Rights Reserved
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Excel VLOOKUP example, using an exact match

You have the following table:

Product ID Available Stock Price


2345 500 15
5457 234 28
9823 155 13
1233 122 12
2344 166 24

You've been asked to come up with a way to check the price of a product when a product ID is typed into a given

Product ID 9823
Price

You write a VLOOKUP function which looks like this:

Product 9823
Price formula =VLOOKUP(B20,$A$6:$C$10,3,0)
Price 13

Try changing the value in the yellow cell to see the price in B22 change
Note what happens if you enter a value in B20 that isn't in the Product ID column above.
a product ID is typed into a given cell
Excel VLOOKUP example, using a nearest match

You have the following table:

Quantity Unit Price


0 20
10 18
50 16
100 13
200 12

You've been asked to come up with a way to check the price of a product for a given sales quantity
The method you use should handle any sales quantity that is entered

You write a VLOOKUP function which looks like this:

Quantity 23
Price formula =VLOOKUP(B18,$A$6:$C$10,2,1)
Price 18

Try changing the value in the yellow cell to see the price in B20 change
Note what happens if you enter a value in B18 that isn't in the Product ID column above.
given sales quantity

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