Important Excel Formulas | Indiabbazaar Webmedia

Important Excel Formulas | Indiabbazaar Webmedia

Important Excel Formulas


Formula Description
SUM(range) Calculates the sum of values in a specified range.
AVERAGE(range) Calculates the average of values in a specified range.
COUNT(range) Counts the number of cells with numeric values in a specified range.
MAX(range) Returns the maximum value in a specified range.
MIN(range) Returns the minimum value in a specified range.
CONCATENATE(text1, text2, …) Joins multiple text strings together.
IF(logical_test, value_if_true, value_if_false) Performs a logical test and returns different values based on the result.
VLOOKUP(lookup_value, table_range, column_index, range_lookup) Searches for a value in the leftmost column of a table and returns a corresponding value from a specified column.
INDEX(array, row_num, column_num) Returns a value from a specified position in an array or range based on row and column numbers.
MATCH(lookup_value, lookup_array, match_type) Searches for a value in a specified range and returns its relative position.
COUNTIF(range, criteria) Counts the number of cells within a range that meet a specific criterion.
SUMIF(range, criteria, sum_range) Sums the values in a range that meet a specific criterion.
AVERAGEIF(range, criteria, average_range) Calculates the average of values in a range that meet a specific criterion.
IFERROR(value, value_if_error) Returns a specified value if a formula results in an error, otherwise returns the calculated result.
ROUND(number, num_digits) Rounds a number to a specified number of decimal places.
TODAY() Returns the current date.
NOW() Returns the current date and time.
RAND() Generates a random number between 0 and 1.
TRIM(text) Removes extra spaces from text, except for single spaces between words.

Here’s some additional detail on a few Excel Formulas:


  • SUM(range): Adds up all the numbers in a specified range of cells.
  • VLOOKUP(lookup_value, table_range, column_index, range_lookup): Searches for a value in the leftmost column of a table and returns a corresponding value from a specified column. It’s commonly used for table lookups and data retrieval.
  • INDEX(array, row_num, column_num): Returns a value from a specified position in an array or range based on row and column numbers. It allows you to access specific cells within a range or array.
  • IF(logical_test, value_if_true, value_if_false): Performs a logical test and returns different values based on the result. It’s useful for making decisions based on certain conditions.
  • COUNTIF(range, criteria): Counts the number of cells within a range that meet a specific criterion. It’s often used to count cells based on certain conditions.
  • ROUND(number, num_digits): Rounds a number to a specified number of decimal places. It’s helpful for controlling the precision of numerical values.
  • TODAY(): Returns the current date.
  • NOW(): Returns the current date and time.
  • RAND(): Generates a random number between 0 and 1.
  • TRIM(text): Removes extra spaces from text, except for single spaces between words. It

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