Ifs Excel Download The Simple

To calculate the total price for 100 items, the formula will be: We get the result below: Things to remember about the IF Function The Excel IF function will work if the logicaltest returns a numeric value.

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For example, if sales total more than 5,000, then return a Yes for Bonus Otherwise, return a No for Bonus.

We can also use the IF function to evaluate a single function, or we can include several IF functions in one formula.

Multiple IF statements in Excel are known as nested IF statements.

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Perform financial forecasting, reporting, and operational metrics tracking, analyze financial data, create financial models, the IF function is used often to evaluate and analyze data by evaluating specific conditions.

The function can be used to evaluate text, values, and even errors.

It is not limited to only checking if one thing is equal to another and returning a single result.

We can also use mathematical operators and perform additional calculations, depending on our criteria.

We can also nest multiple IF functions together to perform multiple comparisons.

IF Formula IF(logicaltest, valueiftrue, valueiffalse) The function uses the following arguments: Logical test (required argument) This is the condition to be tested and evaluated as either TRUE or FALSE.

Valueiffalse (optional argument) The value that will be returned if the logicaltest evaluates to FALSE.

When using the IF function to construct a test, we can use the following logical operators: (equal to) (greater than) (greater than or equal to) (not equal to) How to use the Excel IF Function To understand the uses of the Excel IF statement function, lets consider a few examples: Example 1 Simple Excel IF Statement Suppose we wish to do a very simple test.

We want to test if the value in cell C2 is greater than or equal to the value in cell D2.

If the argument is true, then we want to return some text stating Yes it is, and if its not true, then we want to display No it isnt.

You can see exactly how the Excel IF statement works in the simple example below.

Ifs Excel Download The Simple

Result when true: Result when false: Download the simple XLS template.

Example 2 Excel IF Statement Suppose we wish to test a cell and ensure that an action is taken if the cell is not blank.

We are given the data below: In the worksheet above, we listed AGM-related tasks in Column A.

In Column B, we will use a formula to check if the cells in Column C are empty or not.

However, if a cell contains a date, then the formula will assign a status of closed.

The formula used is: We get the results below: Example 3 Excel IF Statement Sellers frequently provide a discount based on the quantity purchased.

Suppose we are given the following data: Using multiple IF functions, we can create a formula to check multiple conditions and perform different calculations depending on what amount range the specified quantity falls in.

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