Examples of Different Excel Formulas, How to Use Them in Practice

Excel is a powerful and versatile tool that allows you to perform various calculations, analyze data, and create reports. One of the most essential features of Excel is the ability to use formulas, which are expressions that perform operations on values and references. In this blog post, we will explore some examples of different Excel formulas, how to use them in practice, and what benefits they can bring to your work.

What are basic Excel formulas?

A basic Excel formula is a simple expression that consists of one or more operators and operands. An operator is a symbol that specifies the type of calculation to be performed, such as addition (+), subtraction (-), multiplication (*), or division (/). An operand is a value or a reference to a cell or a range of cells that participate in the calculation. For example, the formula =A1+A2 adds the values in cells A1 and A2 and returns the result in the cell where the formula is entered.

To enter a basic Excel formula, you can follow these steps:

• Select the cell where you want to enter the formula.
• Type the equal sign (=) to start the formula.
• Type the operator and the operands, or select the cells or ranges that you want to use in the formula. You can use parentheses to change the order of operations or to group the operands.
• Press Enter to complete the formula and display the result.

How do you write a formula in Excel example?

Let’s look at some examples of how to write a formula in Excel for different purposes.

• To calculate the sum of a range of cells, you can use the SUM function, which takes one or more arguments that represent the values or references to be added. For example, the formula =SUM(B2:B10) returns the sum of the values in cells B2 through B10.
• To calculate the average of a range of cells, you can use the AVERAGE function, which takes one or more arguments that represent the values or references to be averaged. For example, the formula =AVERAGE(C2:C10) returns the average of the values in cells C2 through C10.
• To calculate the percentage of a value, you can use the division operator (/) and multiply the result by 100. For example, the formula =D2/E2*100 returns the percentage of the value in cell D2 relative to the value in cell E2.
• To concatenate (join) two or more text strings, you can use the ampersand operator (&). For example, the formula =F2&" "&G2 returns the text in cell F2 followed by a space and the text in cell G2.

What are 3 Excel formula examples?

There are many Excel formulas that you can use to perform various tasks and functions. Here are three examples of some common and useful Excel formulas:

• The IF function, which allows you to perform a logical test and return one value if the test is true and another value if the test is false. For example, the formula =IF(H2>10,"High","Low") returns the text “High” if the value in cell H2 is greater than 10, and the text “Low” otherwise.
• The VLOOKUP function, which allows you to look up a value in the first column of a table and return a corresponding value from another column in the same row. For example, the formula =VLOOKUP(I2,J2:K10,2,FALSE) returns the value in the second column of the table J2:K10 that matches the value in cell I2, or an error if no match is found.
• The COUNTIF function, which allows you to count the number of cells in a range that meet a certain condition. For example, the formula =COUNTIF(L2:L10,"Yes") returns the number of cells in the range L2:L10 that contain the text “Yes”.

What are the 10 functions in Excel?

Excel has hundreds of built-in functions that you can use to perform various calculations and operations. Here are 10 examples of some popular and powerful Excel functions:

• The SUMIF function, which allows you to sum the values in a range that meet a certain condition. For example, the formula =SUMIF(M2:M10,"<0") returns the sum of the negative values in the range M2:M10.
• The MIN function, which allows you to find the smallest value in a set of values or references. For example, the formula =MIN(N2:N10) returns the smallest value in the range N2:N10.
• The MAX function, which allows you to find the largest value in a set of values or references. For example, the formula =MAX(O2:O10) returns the largest value in the range O2:O10.
• The ROUND function, which allows you to round a number to a specified number of digits. For example, the formula =ROUND(P2,2) returns the value in cell P2 rounded to two decimal places.
• The LEFT function, which allows you to extract a specified number of characters from the left side of a text string. For example, the formula =LEFT(Q2,3) returns the first three characters of the text in cell Q2.
• The RIGHT function, which allows you to extract a specified number of characters from the right side of a text string. For example, the formula =RIGHT(R2,4) returns the last four characters of the text in cell R2.
• The MID function, which allows you to extract a specified number of characters from the middle of a text string, starting from a given position. For example, the formula =MID(S2,5,2) returns two characters of the text in cell S2, starting from the fifth position.
• The LEN function, which allows you to find the length of a text string, in terms of the number of characters. For example, the formula =LEN(T2) returns the number of characters in the text in cell T2.
• The FIND function, which allows you to find the position of a text string within another text string, starting from the left. For example, the formula =FIND("a",U2) returns the position of the first occurrence of the letter “a” in the text in cell U2, or an error if not found.
• The REPLACE function, which allows you to replace a specified number of characters in a text string with another text string, starting from a given position. For example, the formula =REPLACE(V2,3,2,"xy") returns the text in cell V2 with the third and fourth characters replaced by the text “xy”.

Conclusion

Excel formulas are essential for performing various calculations, analyzing data, and creating reports. In this blog post, we have seen some examples of different Excel formulas, how to use them in practice, and what benefits they can bring to your work. We hope you have learned something new and useful from this post. If you want to learn more about Excel formulas, you can check out this [comprehensive guide] from Microsoft.