What does it do?

Rounds a number to the nearest decimal based on your specified number of digits

Formula breakdown:

=ROUND(number, num_digits)

What it means:

=ROUND(the number, number of decimal places to round off)


Ever had the need to round off numbers?

I do it all the time in my financial calculations.  For example, if I need to calculate percentage discounts and it gives me a number such as $47.4189349, rounding it off to $47.40 (round off to 1 decimal place) makes it so much more presentable!

In Excel, it’s very easy to do that with the ROUND formula!

I explain how you can do this below:

DOWNLOAD EXCEL WORKBOOK

STEP 1: We need to enter the ROUND function:

=ROUND(

 

STEP 2: The ROUND arguments:

number

What is the number we want to round off?

Reference the cell that contains the number:

=ROUND(B9,

num_digits

Round off to how many digits?

Reference the cell that contains the number of digits:

=ROUND(B9, C9)

 

STEP 3: Do the same for the rest of the cells by dragging the ROUND formula all the way down using the left mouse button.

Now you are able to round off with different number of places!

HELPFUL RESOURCE:

How to Combine VLOOKUP and IFERROR to Replace the #N/A Error in Excel

 

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