Microsoft Excel has thousands of formulas all of which are useful
however as not all people are created equals so is the case with Excel Formulas
also. Some formulas of Excel are so useful that almost every excel user should
know them, I have created a list of 10 most used formulas in MS Excel.
This list contains 10 most
used formulas of Microsoft Excel, a brief description on what the formula can be
used for and at the bottom of the sheet is the link to free video tutorials to
all these formulas.
1 .
Sum Formula –
Difficulty level – Easy
This formula is used to add up numbers and is quite easy to use. So whenever
you need to total up figures in Excel you can use the Sum Formula
2. Average
Formula
Difficulty level – Easy
This formula is used to calculate the average of a data set , for
example you have the sales of 12 months mentioned in a column and you would
like to know what was the average sales per month then the average formula
comes in handy .
3. Count
Formula
Difficulty Level – Easy
This formula is used to find out the exact number of cells
containing numbers. For example if you have a attendance spreadsheet where in
the names of the employees are mentioned and in the next column their in time is mentioned so if someone has not come
then their in time column would be blank
. Now if you want to know how many employees
have come then you can use the Count formula to find the number of employees
present !
4. Counta
formula
Difficulty Level – Easy
This formula is used to find out the number of cells that are not
empty, the counta formula would take count cells which contain numbers,
alphabets and symbols.
Difficulty Level – Easy
This formula is used join the content of 2 cells into one cell ! For
example if you have the first name and
last name of people mentioned in 2 different cells and you want to have them in
a single cell then Concatenate formula would be very useful .
6. Vlookup
Formula
Difficulty Level – Medium
This formula is the most used lookup formula in Excel, for example
if you are class teacher and have to find out the result of your class students
out of the total result sheet of the school then Vlookup formula would be most
effective to find the results of your class students !
7. If
Formula
Difficulty Level – Medium
If formula is very effective and simple to use logical formula. For
example you are marking attendance of students in class by typing P or A
against their names in cell then if you use the If formula to then you could
make excel say Present or Absent automatically for P and A respectively
8. Countif
Formula
Difficulty Level – Medium
This formula is used to find out the exact number of cells
containing numbers based on a condition given by you. For example if you are
looking at the sales of sheet of a mobile phone and where in every time a phone
is sold the name of the brand is mentioned
in the sales sheet. Now if you want to find the count of sales based on a
specific brand then all you need to use is the Countif formula : )
9. Sumif
Formula
Difficulty Level – Medium
This formula is used to total up figures based on a condition. For
example if the sales figures of different phone brands are mentioned in a sheet
and you want to total up for a specific brand then you could use the
10. And
Formula
Difficulty Level – Medium
This formula is used to find if each of the condition mentioned in a
formula are true on not. For example if you want to find out whether a sales
representative from your team qualifies for incentive or not then you could use
the AND formula J
