Wednesday, 20 July 2016

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MS Excel TIPS - Excel Function ROUND



Function ROUND

Round function is very important and one of the most commonly used excels functions.

Round is used to round the value to a specified number of digits.

=ROUND (number,num_digits)

Here number is value which is to be rounded.

num_digits is number of digits up to which values is to be rounded.


Remarks:
·       If num_digits is 0, then number is rounded to the nearest integer.

·       If num_digits is greater than 0, then number is rounded to the specified number of decimal places e.g. if num_digits is 1, then number will be rounded to 1 decimal place. If num_digits is 2, then number will be rounded to 2 decimal places.

·       If num_digits is less than 0, then number is rounded to the left of the decimal point e.g. if num_digits is  -1 then number will be rounded to nearest 10. If num_digits is -2, then number will be rounded to nearest 100 and so on.

Examples:



FUNCTION
RESULT
REMAKRS
=ROUND(219.4,0)
219
Rounds 219.4 to nearest integer
=ROUND(219.6,0)
220
Rounds 219.6 to nearest integer
=ROUND(219.68,1)
219.7
Rounds 219.68 to 1 decimal place
=ROUND(219.649,2)
219.65
Rounds 219.649 to 2 decimal places
=ROUND(219,-1)     
220
Rounds 219 to left decimal point
=ROUND(264, -1)
260
Rounds 214 to left decimal point
=ROUND(219, -2)
200
Rounds 219 to left decimal point
=ROUND(264, -2)
300
Rounds 264 to left decimal points


ROUND function can be helpful when multiplication formula is used in excel.

Example:

9563*4%   =      382.52

Here, ROUND function can be used. Function will be

=ROUND(382.52,0)              383

OR

=ROUND(9563*4%,0)          383

        



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