10 Important/Basic Excel Formulas for Beginners:
In this tutorial, I will explore 10 important and basic Excel formulas for beginners, where data calculations can become easy by the use of these formulas. These important Excel formulas are needed by each user. Whether you’re a beginner or an experienced user looking to enhance your skill. These basic Excel formulas will serve and guide you toward efficient data manipulation and analysis.
Let’s explore these basic formulas, like, SUM, Multiplication, Substraction, Division, Average, Percentage, MAX, MIN, COUNT, IF, VLOOKUP, HLOOKUP, CONCATENATE, and the dynamic duo of INDEX and MATCH.
Important/Basic Excel Formulas for Beginners:
Below are 10 important/basic Excel formulas that can be quite useful for new users.
1. SUM
The SUM is one of the most commonly used formulas in the Excel program. It adds up a range of numbers or values in Excel. It is a simple and powerful formula that helps users to quickly calculate these values.
Syntax:
Example: =SUM(A1:A10) adds all the values in the range A1 to A10.
2. Multiplication
This tool makes it simple to multiply numbers or cell values and is used for calculations, budgets, and data analysis in an Excel sheet. The asterisk symbol “*” is commonly used, which represents multiplication.
Syntax:
Example: =A1 * B1 multiplies the values in cells A1 and B1.
3. Subtraction
Subtraction is a simple way to find the difference between two numbers or cell values. A minus “-” is used for subtraction. For example, if you want to subtract the value in cell B1 from the value in cell A1.
Syntax:
Example: =A1 – B1 subtracts the value in cell B1 from A1.
4. Division
It allows you to divide one number or cell value by another using the forward slash symbol “/". For example, you want to divide the value in cell A1 by the value in cell B1.
Syntax:
Example: =A1 / B1 divides the value in A1 by B1.
5. AVERAGE
Description: Calculates the average (arithmetic mean) of a range of numbers.
Syntax:
Example: =AVERAGE(A1:A10) calculates the average of values in A1 to A10.
6. PERCENTAGE
Description: Calculates the percentage of a number.
Syntax:
Example: =A1 / B1 * 100 gives the percentage of A1 relative to B1.
7. MAX
Description: Returns the highest value in a range.
Syntax:
Example: =MAX(A1:A10) finds the largest value in the range A1 to A10.
8. MIN
Description: Returns the lowest value in a range.
Syntax:
Example: =MIN(A1:A10) finds the smallest value in the range A1 to A10.
9. COUNT
Description: Counts the number of numeric entries in a range.
Syntax:
Example: =COUNT(A1:A10) counts how many numeric values are in the range A1 to A10.
10. IF
Description: Returns one value if a condition is TRUE and another if FALSE.
Syntax:
Example: =IF(A1>10, “Yes”, “No”) returns “Yes” if A1 is greater than 10, otherwise “No.”
These formulas form the foundation for working efficiently in Excel. Practice using them to streamline your calculations and analyses!
