What Is Excel Formula
What Is Excel Formula
In Microsoft Excel, a formula is an expression that operates on values in a range of cells. These
formulas return a result, even when it is an error. Excel formulas enable you to perform calculations
such as addition, subtraction, multiplication, and division. In addition to these, you can find out
averages and calculate percentages in excel for a range of cells, manipulate date and time values, and
do a lot more.
Let’s now look at the top 10 Excel formulas you must know.We have categorized 10 Excel formulas
based on their operations. Let’s start with the first Excel formula on our list.
1. SUM
The SUM() function, as the name suggests, gives the total of the selected range of cell values. It
performs the mathematical operation which is addition. Here’s an example of it below:
Sum "=SUM(C2:C4)"
As you can see above, to find the total amount of sales for every unit, we had to simply type in the
function “=SUM(C2:C4)”. This automatically adds up 300, 385, and 480. The result is stored in C5.
2. AVERAGE
The AVERAGE() function focuses on calculating the average of the selected range of cell values. As
seen from the below example, to find the avg of the total sales, you have to simply type in:
AVERAGE =AVERAGE(C2, C3, C4)
Fig: Average function in Excel
It automatically calculates the average, and you can store the result in your desired location.
3. COUNT
The function COUNT() counts the total number of cells in a range that contains a number. It does not
include the cell, which is blank, and the ones that hold data in any other format apart from numeric.
COUNT =COUNT(C1:C4)
As seen above, here, we are counting from C1 to C4, ideally four cells. But since the COUNT
function takes only the cells with numerical values into consideration, the answer is 3 as the cell
containing “Total Sales” is omitted here.
If you are required to count all the cells with numerical values, text, and any other data format, you
must use the function ‘COUNTA()’. However, COUNTA() does not count any blank cells.
To count the number of blank cells present in a range of cells, COUNTBLANK() is used.
4. SUBTOTAL
Moving ahead, let’s now understand how the subtotal function works. The SUBTOTAL() function
returns the subtotal in a database. Depending on what you want, you can select either average, count,
sum, min, max, min, and others. Let’s have a look at two such examples.
5. MODULUS
The MOD() function works on returning the remainder when a particular number is divided by a
divisor. Let’s now have a look at the examples below for better understanding.
• In the first example, we have divided 10 by 3. The remainder is calculated using the function
MODULUS =MOD(A2,3)
• The result is stored in B2. We can also directly type “=MOD(10,3)” as it will give the same
answer.
6. POWER
The function “Power()” returns the result of a number raised to a certain power. Let’s have a look at
the examples shown below:
7. CEILING
Next, we have the ceiling function. The CEILING() function rounds a number up to its nearest
multiple of significance.
8. FLOOR
Contrary to the Ceiling function, the floor function rounds a number down to the nearest multiple of
significance.
9. IF Formula
The IF() function checks a given condition and returns a particular value if it is TRUE. It will return
another value if the condition is FALSE.
In the below example, we want to check if the value in cell A2 is greater than 5. If it’s greater than 5,
the function will return “Yes 4 is greater”, else it will return “No”.