Excel 2003 Formulas Examples Pdf Free Download
Daria Hoof
Can Microsoft Excel formulas be easy to learn? Yep! This tutorial explains the very basics of Excel formulas for beginners, with detailed steps on how to write and use them. It also provides a number of advanced formula examples for experienced users. You will be amazed how simple creating formulas in Excel actually is.
If asked what Microsoft Excel is about, what would be your answer? Right, it's all about storing and crunching numbers. You can use Excel to calculate percentages and compound interest, count and sum cells based on specific criteria, find average, and even get a sample deviation of a given set of values. All this can be done by using Excel formulas.
In this tutorial, we are going to learn the basics of creating and using formulas in Excel. And because one of the most efficient ways to learn is through practice, we will also discuss a number of formulas examples to make things easier to understand. Here's a list of topics we are going to cover:
In MS Excel, formulas are equations that perform various calculations in your worksheets. Though Microsoft has introduced a handful of new functions over the years, the concept of Excel spreadsheet formulas is the same in all versions of Excel 2016, Excel 2013, Excel 2010, Excel 2007 and lower.
=SUM(A1:A5).
- Names - defined name for a cell range, constant, table, or function, for example =SUM(my_name).
- Functions - predefined formulas in Excel that perform calculations using the values supplied in their arguments.
- Operators - special symbols that specify the type of operation or calculation to be performed.
Operators in Excel worksheet formulasTo tell Microsoft Excel what type of operation you want to perform in a formula, you use special symbols that are technically called operators. There exist 4 types of operators in Excel:
For example, if you have an item price in cell A2 and VAT in cell B2, you can calculate the VAT amount by using the following percentage formula: =A2*B2
Comparison operators in Excel formulasIn Microsoft Excel formulas, comparison, or logical, operators are used to compare two values. The result of the comparison is always a logical value of TRUE or FALSE. The following logical operators are available in Excel:
For more information and examples of using comparison operators in MS Excel formulas, please check out the following tutorial: Excel logical operators - equal to, not equal to, greater than, less than.
Text concatenation operatorText concatenation operator in Excel is the ampersand symbol (&). You can use it to join two or more text strings in a single string.
The same result can be achieved by using the CONCATENATE function, and the following tutorial explains all the details: How to combine text strings, cells and columns in Excel.
Reference operators in Excel formulas and functionsTo supply ranges to MS Excel formulas and separate arguments in Excel functions, the following operators are used.
Comma (,) - is used to separate arguments in Excel spreadsheet formulas. For example, the formula =IF(A1>0, "good", "bad") reads as follows: if A1 is greater than zero, return "good", otherwise "bad".
So, if you are trying to make a formula in your worksheet, but Excel does not accept it and throws up an "invalid formula" error, go to your Regional Settings (Control Panel > Region and Language > Additional Settings) and check what symbol is set as List Separator there. It is that symbol that you need to use to separate arguments in your Excel formulas.
Further on in this tutorial, you will find the detailed steps for making both types of Excel spreadsheet formulas.
How to create formulas in ExcelAs already mentioned, any Excel formula starts with the equal sign (=). So, whatever formula you are going to write, begin by typing = either in the destination cell or in the Excel formula bar. And now, let's have a closer look at how you can make different formulas in Excel.
Although simple Excel formulas perform just one calculation, they can do this in many different ways. You can supply the source data as constants, cell references, or defined names, and perform calculations by using mathematical operators or Excel functions. For detailed steps, please see the following resources:
Of course, nothing prevents you from multiplying the total already calculated in column E by 10%, in this case the formula would reduce to a simple calculation =E2*10%. However, in large worksheets, it makes sense to write independently calculated formulas, so that removing a column with one formula wouldn't break the others.
Excel formulas with nested functionsIn Microsoft Excel formulas, nesting one function within another means using one function as an argument of another function. In modern versions of Excel 2016, 2013, 2010 and 2010, you can use up to 64 nested functions. In older versions of Excel 2003 and lower, only up to 7 levels of functions are allowed.
For the detailed explanation of nested IF's syntax and advanced formula examples, please check out the following tutorial: Using nested IF functions in Excel.
Array formulas in ExcelArray formulas in Excel are advanced aerobatics. A single Excel array formula can perform thousands of calculations and replace hundreds of usual formulas. Learning array formulas certainly requires some time and effort, but it's worth it.
Since this tutorial is purposed for beginners, I won't intimidate you by the definitions of array constants and complex multi-line formulas. I'll show just one very simple example of an Excel array formula that demonstrates what they are capable for.
Such custom functions are called User Defined Functions (UDFs), and they are especially useful for advanced mathematic or engineering calculations. Like macros, user defined functions are written in VBA (Visual Basic for Applications). As an example, you can review and download custom functions created by our team to count and sum cells by color.
Absolute, relative and mixed cell references in Excel formulasThere exist 3 types of cell references in Excel: absolute ($A$1), relative (A1) and mixed ($A1 or A$1). All three of the above references refer to the same cell, and the dollar sign ($) is used only for one purpose - it tells Microsoft Excel whether to change or not to change cell references when the formula is moved or copied to other cells.
For more information about Excel cell reference and more formula examples, please see Why use $ in Excel formulas.
Tips and time-saving shortcuts for Excel formulasFormulas in Excel are a powerful multi-faceted tool, and they can solve a great variety of tasks in your spreadsheets. Of course, learning various aspects of Microsoft Excel formulas and functions does take time, so you might feel there isn't enough time in the day to learn everything. Well, a good way to find more time is to save some time :)
Excel provides formulas for almost anything, and there exist tens or even hundreds of different functions in modern versions of Microsoft Excel. So, if you encounter a task for which you cannot work out a solution, most likely you are missing out on a formula that can do it for you. Before spending hours and hours on performing manual calculations, take a few minutes to review the following resources. It is a selection of the most popular MS Excel formulas with examples, grouped by categories.
Well, we seem to have finally got to the end. What was planned as a short Excel formula tutorial for beginners has nearly turned into a voluminous manual because there are so many different aspects of Excel formulas to cover. I am really thankful to everyone who has read this page to the end!
Hi! Please have a look at these guides: SUMIF examples with wildcard characters and How to use Excel SUMIFS and SUMIF with multiple criteria. It's not very clear from your description what you want to count, so a few examples:
Just have to let you know that this is the most concise teaching on excel formulas I have found on the internet. Great job breaking it down systematically, easy to understand, comprehensive and concise.
I fetched a few values using LOOKUP function and I'm getting #N/A in some of the cells. I've checked the references and the format also the value does exist. I can't see a reason why N/A is showing up even after having all conditions met. Pls help. Others in my team had the same data and they got it using the same formula. Is there a problem in my excel or ...?
One such feature that allows Excel to stand out is - Excel sheet formulas. Here, we will look into the top 25 Excel formulas that one must know while working on Excel. The topics that we will be covering in this article are as follows:
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.
There is another term that is very familiar to Excel formulas, and that is "function". The two words, "formulas" and "functions" are sometimes interchangeable. They are closely related, but yet different. A formula begins with an equal sign. Meanwhile, functions are used to perform complex calculations that cannot be done manually. Functions in excel have names that reflect their intended use.
Excel formulas and functions help you perform your tasks efficiently, and it's time-saving. Let's proceed and learn the different types of functions available in Excel and use relevant formulas as and when required.
There are plenty of Excel formulas and functions depending on what kind of operation you want to perform on the dataset. We will look into the formulas and functions on mathematical operations, character-text functions, data and time, sumif-countif, and few lookup functions.
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