From the course: Excel Tips Weekly

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How and when to use the 10 rounding functions in Excel

How and when to use the 10 rounding functions in Excel - Microsoft Excel Tutorial

From the course: Excel Tips Weekly

How and when to use the 10 rounding functions in Excel

- [Instructor] In Excel, there are 10 different functions 2 that relate to rounding capability. 3 By far the most common is the ROUND function. 4 It's got two companions, ROUNDUP and ROUNDDOWN. 5 And also an unusual function called MROUND 6 that some people might need when rounding to numbers 7 that are not decimally oriented. 8 And it too has some variations for moving up and down. 9 And the other four, which we'll see are not so widely used. 10 Let's first talk about what we've got going on in cell E2. 11 Here's a formula that's calculating a new price. 12 All of these prices in column D 13 are about to have a price increase, 4.36%, 14 and here's the formula set up in cell E2, 15 as I double click it, 16 and that gives us an answer $9. 17 What if somebody orders 10,000 of these? 18 Maybe this is office equipment, 19 equal 10,000 20 times this amount. 21 You know the answer ahead of time, it's 90,000, 22 but that's not…

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