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How to use ROUND and MROUND

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 Category: [Excel]  Demo Available 

How to use ROUND and MROUND

 

Requirement:

 

To round a result from a formula.

 

Example: =SUM(K16*1.03) with the result in L16. The user requires the result to round down to .00; if the result that will populate L16 ends in .05 to .09 the result will round up to .10.

 

Solution:


=ROUND(SUM(K16*1.03),1)

 

Requirement:

 

To round a result from a formula to the nearest 0.25.

 

Solution:

 

=MROUND(K16*1.03,0.25)

 

Obtained from the OzGrid Help Forum.

Solution provided by NBVC and 63falcondude.

 

See also: Index to Excel VBA Code and Index to Excel Freebies and Lesson 1 - Excel Fundamentals and Index to how to… providing a range of solutions and Index to new resources and reference sheets

 

See also:

How to first average a range and then round the value
How to set rounding precision
How to use IFERROR, ROUND and SUM in one formula
How to round to nearest .25 (times)
How to use a macro to run through sheet in excel and put double quotes around values
How to create a macro to round total based on a cell value

 

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