Floor Value In Excel

I need to find out the nearest multiple of 2 for the number value 4 5. Say our price is 4 32 and we need to round it down to the nearest value divisible by 5 cents the floor function would read. The microsoft excel floor function returns a number rounded down based on a multiple of significance.

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The excel floor function rounds a number down to a given multiple.

Floor value in excel. Floor function in excel is very similar to the rounddown function as it rounds down the number to its significance for example if we have number as 10 and the significance is 3 the output would be 9 this function takes two arguments as an input one is a number while other is the significance value. So all prices where paid in cash are rounded down to the nearest value divisible by 5 cents. The floor function is a built in function in excel that is categorized as a math trig function it can be used as a worksheet function ws in excel. This article describes the formula syntax and usage of the floor function in microsoft excel.

In the third example of floor function in excel the number argument is a negative value 4 5 in cell b22 the significance value is also negative value 2 in cell c22. Description rounds number down toward zero to the nearest multiple of significance. Floor 4 32 0 05 4 30. In excel we can use the floor function to calculate this value.

The multiple to use for rounding is provided as the significance argument. If the number is already an exact multiple no rounding occurs and the original number is returned.