45 Top Most Popular Excel Formulas

45 Top Most Popular Excel Formulas

1. SUM: Adds up all the numbers in a range.
2. AVERAGE: Calculates the average of a range of numbers.
3. COUNT: Counts the number of cells in a range that contain numbers.
4. MAX: Returns the highest number in a range.
5. MIN: Returns the lowest number in a range.
6. IF: Performs conditional operations based on a specified condition.
7. VLOOKUP: Searches for a value in a table and returns a corresponding value.
8. HLOOKUP: Similar to VLOOKUP but for horizontal lookup.
9. INDEX: Returns the value of a cell at a specified row and column in a range.
10. MATCH: Searches for a value in a range and returns its relative position.
11. CONCATENATE: Combines text from multiple cells into one cell.
12. LEFT: Returns a specified number of characters from the beginning of a text string.
13. RIGHT: Returns a specified number of characters from the end of a text string.
14. MID: Returns a specified number of characters from the middle of a text string.
15. LEN: Counts the number of characters in a cell.
16. TRIM: Removes extra spaces from a text string.
17. DATE: Creates a date value from year, month, and day.
18. NOW: Returns the current date and time.
19. TEXT: Formats a value as text using a specified format.
20. ROUND: Rounds a number to a specified number of decimal places.
21. SUMIF: Adds up numbers that meet a single criterion.
22. AVERAGEIF: Calculates the average of numbers that meet a single criterion.
23. COUNTIF: Counts cells that meet a single criterion.
24. SUMIFS: Adds up numbers that meet multiple criteria.
25. AVERAGEIFS: Calculates the average of numbers that meet multiple criteria.
26. COUNTIFS: Counts cells that meet multiple criteria.
27. IFERROR: Returns a specified value if a formula results in an error.
28. SUBTOTAL: Performs various aggregate functions (e.g., SUM, AVERAGE) on a filtered range.
29. ROUNDUP: Rounds a number up to the nearest specified decimal place.
30. ROUNDDOWN: Rounds a number down to the nearest specified decimal place.
31. RANK: Returns the rank of a number in a list.
32. PMT: Calculates the periodic payment for a loan.
33. FV: Calculates the future value of an investment.
34. PV: Calculates the present value of an investment.
35. NPV: Calculates the net present value of a series of cash flows.
36. IRR: Calculates the internal rate of return for a series of cash flows.
37. DATEVALUE: Converts a date in text format to a date value.
38. TIMEVALUE: Converts a time in text format to a time value.
39. NETWORKDAYS: Calculates the number of working days between two dates.
40. DATEDIF: Calculates the difference between two dates in various units.
41. RAND: Generates a random number between 0 and 1.
42. RANDBETWEEN: Generates a random number between specified minimum and maximum values.
43. PMT: Calculates the payment for a loan with a fixed interest rate.
44. PPMT: Calculates the principal payment for a specific period of a loan.
45. IPMT: Calculates the interest payment for a specific period of a loan.

Top Most Popular Excel Formulas with Definition and  example

Excel is a powerful tool that provides a wide array of functions to help users perform various calculations and tasks. Below are some of the most popular Excel formulas along with their definitions and examples:

SUM: Adds up all the numbers in a range of cells.

Example: =SUM(A1:A5) adds the values in cells A1 through A5.

AVERAGE: Calculates the average of a range of cells.

Example: =AVERAGE(B1:B10) finds the average of the values in cells B1 through B10.

VLOOKUP: Searches for a value in the first column of a table and returns a value in the same row from another column.

Example: =VLOOKUP(100, A1:B6, 2, FALSE) looks for the value 100 in column A and returns the corresponding value from column B.

HLOOKUP: Searches for a value in the top row of a table and returns a value in the same column from a specified row.

Example: =HLOOKUP(“Product2”, A1:D4, 3, FALSE) looks for “Product2” in the first row and returns the value from the third row.

IF: Performs a logical test and returns one value if the condition is true and another value if the condition is false.

Example: =IF(A1>10, “Yes”, “No”) checks if the value in cell A1 is greater than 10. If it is, it returns “Yes”; otherwise, it returns “No”.

CONCATENATE: Joins two or more text strings into one string.

Example: =CONCATENATE(“Hello”, ” “, “World”) combines the three strings into one: “Hello World”.

COUNT: Counts the number of cells that contain numbers in a range.

Example: =COUNT(A1:A10) counts the number of cells in the range A1 through A10 that contain numbers.

MAX: Returns the largest value in a set of values.

Example: =MAX(A1:A10) returns the largest value from cells A1 through A10.

MIN: Returns the smallest value in a set of values.

Example: =MIN(A1:A10) returns the smallest value from cells A1 through A10.

INDEX and MATCH (used together): Retrieves a value from a specific row and column intersection within a given range.

Example: =INDEX(B1:B6, MATCH(“Product2”, A1:A6, 0)) retrieves the value from column B where “Product2” is found in column A.

These formulas are widely used in various industries and can significantly enhance the efficiency and accuracy of data manipulation and analysis in Excel.

 Most Popular Excel Formulas with Definition and  example

While it’s not possible to list all  most popular Excel formulas with definitions and examples here, I can provide you with a comprehensive list of some of the commonly used Excel formulas along with brief explanations and examples.

ABS: Returns the absolute value of a number.

Example: =ABS(-5) returns 5.

AND: Returns TRUE if all its arguments are TRUE.

Example: =AND(TRUE, FALSE) returns FALSE.

AVERAGE: Calculates the average of a range of cells.

Example: =AVERAGE(B2:B8) finds the average of the values in cells B2 through B8.

CHAR: Returns the character specified by the code number.

Example: =CHAR(65) returns “A”.

CONCATENATE: Joins two or more text strings into one string.

Example: =CONCATENATE(“Hello”, ” “, “World”) combines the three strings into one: “Hello World”.

COUNT: Counts the number of cells that contain numbers in a range.

Example: =COUNT(A2:A10) counts the number of cells in the range A2 through A10 that contain numbers.

DATE: Returns the serial number of a particular date.

Example: =DATE(2023, 10, 13) returns the serial number for the 13th of October, 2023.

EDATE: Returns the serial number of the date that is the indicated number of months before or after the start date.

Example: =EDATE(“15-Jan-2023”, 2) returns the date 2 months after 15th January 2023.

EXP: Returns e raised to the power of a given number.

Example: =EXP(2) returns the value of e^2.

FIND: Finds one text value within another (case-sensitive).

Example: =FIND(“n”, “Excel Functions”, 1) returns 5.

IF: Performs a logical test and returns one value if the condition is true and another value if the condition is false.

Example: =IF(A2>10, “Yes”, “No”) checks if the value in cell A2 is greater than 10. If it is, it returns “Yes”; otherwise, it returns “No”.

INDEX: Returns the value of a cell in a table based on the column and row number.

Example: =INDEX(B2:E6, 3, 2) returns the value at the intersection of the 3rd row and 2nd column in the range B2:E6.

INT: Rounds a number down to the nearest integer.

Example: =INT(8.9) returns 8.

ISBLANK: Tests whether a reference is to an empty cell and returns TRUE or FALSE.

Example: =ISBLANK(A2) returns TRUE if A2 is blank, and FALSE if it’s not.

LEFT: Returns the leftmost characters from a text string.

Example: =LEFT(“Excel”, 2) returns “Ex”.

LEN: Returns the number of characters in a text string.

Example: =LEN(“Hello”) returns 5.

LOG: Returns the logarithm of a number to the base you specify.

Example: =LOG(10, 100) returns 2.

MATCH: Searches for a specified item in a range of cells and returns the relative position of that item.

Example: =MATCH(“Apples”, A2:A10, 0) returns the position of “Apples” in the range A2:A10.

MAX: Returns the largest value in a set of values.

Example: =MAX(B2:B10) returns the largest value from cells B2 through B10.

MEDIAN: Returns the median of the given numbers.

Example: =MEDIAN(B2:B10) returns the median of the values in cells B2 through B10.

MIN: Returns the smallest value in a set of values.

Example: =MIN(B2:B10) returns the smallest value from cells B2 through B10.

MOD: Returns the remainder from division.

Example: =MOD(10, 3) returns 1.

NOT: Reverses the logical value of its argument.

Example: =NOT(TRUE) returns FALSE.

NOW: Returns the serial number of the current date and time.

Example: =NOW() returns the current date and time.

OR: Returns TRUE if any of the arguments are TRUE.

Example: =OR(TRUE, FALSE) returns TRUE.

PI: Returns the value of pi.

Example: =PI() returns 3.14159265358979.

POWER: Returns the result of a number raised to a power.

Example: =POWER(2, 3) returns 8.

PRODUCT: Multiplies its arguments.

Example: =PRODUCT(B2:B5) multiplies the values in cells B2 through B5.

PROPER: Capitalizes the first letter in each word of a text value.

Example: =PROPER(“hello world”) returns “Hello World”.

RADIANS: Converts degrees to radians.

Example: =RADIANS(180) returns π.

RAND: Returns an evenly distributed random real number greater than or equal to 0 and less than 1.

Example: =RAND() returns a random number.

RANK: Returns the rank of a number in a list of numbers.

Example: =RANK(A2, A$2:A$10, 1) returns the rank of the value in A2 in the list A2 through A10.

REPLACE: Replaces part of a text string with a different text string.

Example: =REPLACE(“Excel Functions”, 7, 9, “Formulas”) returns “Excel Formulas”.

REPT: Repeats text a given number of times.

Example: =REPT(“AB”, 3) returns “ABABAB”.

RIGHT: Returns the rightmost characters from a text string.

Example: =RIGHT(“Excel”, 2) returns “el”.

ROUND: Rounds a number to a specified number of digits.

Example: =ROUND(8.625, 2) returns 8.63.

SIGN: Returns the sign of a number.

Example: =SIGN(-5) returns -1.

SIN: Returns the sine of an angle.

Example: =SIN(PI()/2) returns 1.

SQRT: Returns a positive square root.

Example: =SQRT(25) returns 5.

STDEV: Estimates standard deviation based on a sample.

Example: =STDEV(B2:B10) estimates the standard deviation of the values in cells B2 through B10.

SUBSTITUTE: Substitutes new text for old text in a text string.

Example: =SUBSTITUTE(“Hello World”, “World”, “Universe”) returns “Hello Universe”.

SUM: Adds up all the numbers in a range of cells.

Example: =SUM(B2:B8) adds the values in cells B2 through B8.

SUMIF: Adds the cells specified by a given condition or criteria.

Example: =SUMIF(A2:A10, “>3”) adds the values in the range A2 through A10 that are greater than 3.

TAN: Returns the tangent of a number.

Example: =TAN(PI()/4) returns 1.

TEXT: Formats a number and converts it to text.

Example: =TEXT(1234.567, “$#,##0.00”) returns “$1,234.57”.

TIME: Returns the serial number of a particular time.

Example: =TIME(12, 30, 0) returns the serial number for 12:30:00 PM.

TRIM: Removes extra spaces from text, leaving only a single space between words.

Example: =TRIM(” Excel Functions “) returns “Excel Functions”.

UPPER: Converts text to uppercase.

Example: =UPPER(“excel”) returns “EXCEL”.

VALUE: Converts a text argument to a number.

Example: =VALUE(“123”) returns the number 123.

VAR: Estimates variance based on a sample.

Example: =VAR(B2:B10) estimates the variance of the values in cells B2 through B10.