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04 Some Basic Functions, Part 2 (ROUND, TRUNC)

To round off [pun intended] the discussion on basic functions, we’re going to look at two other number functions that might come in handy.

  • =ROUND(cell reference or number,# digits to round)
    • With round, you are telling Excel to take a number (let’s use 132.5678 as an example), and round to a certain digit.
    • For example, if you wanted to round 132.5678 to the nearest whole number, you would put in =ROUND(132.5678,0)
    • The rest works much like you’d guess. Rounding to the nearest…
      • hundredth (two places to the right of the decimal point) would look like this =ROUND(132.5678,2)
      • tens (two places to the left of the decimal point) would like this =ROUND(132.5678,-2)
  • =TRUNC(cell reference or number,# digits to truncate)
    • Truncating is similar to rounding, but instead of rounding it simply chops off the number where you tell it to
    • Taking 132.5678 from the last example, rounding to the nearest whole number would give you 133. TRUNC, on the other hand, would give you 132.
    • Just like ROUND, you can TRUNC to the right or the left of the decimal place. If you want to truncate to the hundreds, it would look like this =TRUNC(132.5678,-2) and the result would simply be 100.

If you want to see how this looks in Excel, take a look at our example file here: Basic functions, Part 2 (Excel 2007)


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