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Important Excel Functions

The document provides an overview of various Excel functions including SUM, AVERAGE, TRIM, CONCAT, VLOOKUP, IF, COUNTIF, and SUMIF, along with their syntax and examples. Each function serves a specific purpose, such as calculating sums, averages, or counting cells based on criteria. The examples illustrate how these functions can be applied to project cost data.

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Mithun Basak
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0% found this document useful (0 votes)
19 views19 pages

Important Excel Functions

The document provides an overview of various Excel functions including SUM, AVERAGE, TRIM, CONCAT, VLOOKUP, IF, COUNTIF, and SUMIF, along with their syntax and examples. Each function serves a specific purpose, such as calculating sums, averages, or counting cells based on criteria. The examples illustrate how these functions can be applied to project cost data.

Uploaded by

Mithun Basak
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

SUM

This function returns the sum of the cells or


range selected

=SUM(Number 1, Number 2...)


Example

Projects Development cost Operational cost Training cost Total cost


Project 1 9400 5800 3100
Project 2 2600 4900 2900
Project 3 5500 7200 8200
Project 4 7800 4600 7300
Project 5 2900 2800 1600
AVERAGE

This function returns the average value of the


given numbers - It ignores text values and blank
cells

=AVERAGE(Number1,Number2 and so on..)


Example

Projects Development cost Operational cost Training cost


Project 1 9400 5800 3100
Project 2 2600 4900 2900
Project 3 5500 7200 8200
Project 4 7800 4600 7300
Project 5 2900 2800 1600
Average
TRIM

The function removes spaces all before and following


the words i.e. leading and trailing spaces - and also
removes extra spaces between words but does not
remove the single space between words.

=TRIM(Text)
Example

String Result Formula


Start-Tech Academy =TRIM(L5)
Start-Tech Academy =TRIM(L6)
Start-Tech Academy =TRIM(L7)
CONCAT

This function joins several (more than 1) text


string into 1 single string

=CONCAT(String1, and so on..)


OR
=String1&String2& so on..
Example

Projects Development cost Operational cost Training cost


Project 1 9400 5800 3100
Project 2 2600 4900 2900
Project 3 5500 7200 8200
Project 4 7800 4600 7300
Project 5 2900 2800 1600
Average 5640 5060 4620

Concat
&
VLOOKUP

VLOOKUP function looks up a supplied value in the


first column of a table, and returns the corresponding
value from another column

=VLOOKUP( lookup_value, table_array,


col_index_num, [range_lookup] )
Example

Projects Development cost Operational cost Training cost Total cost Est. Benefits
Project 1 9400 5800 3100 18300
Project 2 2600 4900 2900 10400
Project 3 5500 7200 8200 20900
Project 4 7800 4600 7300 19700
Project 5 2900 2800 1600 7300

Projects Est. Benefits


Project 6 27900
Project 2 18600
Project 4 24600
Project 12 29700
Project 13 19500
Project 3 25500
Project 5 30000
Project 1 13500
IF Example

It checks whether a condition is true or not and


on the basis of that returns a value

=if(Logical_Test, [value_if_true],
[value_if_false])
Example

Projects Development cost Operational cost Training cost Total cost Est. Benefits
Project 1 9400 5800 3100 18300 13500
Project 2 2600 4900 2900 10400 18600
Project 3 5500 7200 8200 20900 25500
Project 4 7800 4600 7300 19700 24600
Project 5 2900 2800 1600 7300 30000
Profitable
COUNTIF

This function returns the count of number of


cells which consist of numbers and meet a given
condition

=COUNTIF(Range,Criteria)
Example

Projects Development cost Operational cost Training cost Total cost


Project 1 9400 5800 3100 18300
Project 2 2600 4900 2900 10400
Project 3 5500 7200 8200 20900
Project 4 7800 4600 7300 19700
Project 5 2900 2800 1600 7300

How many projects have estimated benefits of more than 22000?

How many projects have estimated benefits of more than 22000 and total cost less than 20000?
Est. Benefits
13500
18600
25500
24600
30000

al cost less than 20000?


SUMIF Exampl

This function returns the sum of the cells which


meet a given criteria

=SUMIF(Range, Criteria, [sum_range])


Example

Projects Development cost Operational cost Training cost Total cost Est. Benefits
Project 1 9400 5800 3100 18300 13500
Project 2 2600 4900 2900 10400 18600
Project 3 5500 7200 8200 20900 25500
Project 4 7800 4600 7300 19700 24600
Project 5 2900 2800 1600 7300 30000

What is the total cost of projects which have estimated benefits of more than 22000?

What is the total cost of projects which have estimated benefits of more than 22000 and development cost
less than 6000?
and development cost

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