Complete Excel Formulas Guide - 50+ Essential Formulas for Office Work
๐ BASIC FORMULAS
SUM Formula
=SUM(A1:A10)Use: Adds numbers in range
Example: Total sales, salary calculationAVERAGE Formula
=AVERAGE(B2:B20)Use: Calculates average
Example: Average performance, monthly expensesCOUNT Formula
=COUNT(A1:A10)Use: Counts numeric cells
Example: Employee count, project countCOUNTA Formula
=COUNTA(A1:A10)Use: Counts non-empty cells
Example: Attendance tracking, data entriesMAX Formula
=MAX(C2:C100)Use: Finds highest value
Example: Highest sales, maximum salaryMIN Formula
=MIN(C2:C100)Use: Finds lowest value
Example: Lowest performance, minimum score
๐ LOOKUP FORMULAS
VLOOKUP Formula
=VLOOKUP(A2,DataRange,2,FALSE)Use: Vertical data search
Example: Employee records, price listsHLOOKUP Formula
=HLOOKUP("Salary",A1:Z2,2,FALSE)Use: Horizontal data search
Example: Comparison tables, header-based searchXLOOKUP Formula
=XLOOKUP(A2,SearchRange,ReturnRange)Use: Modern lookup (Excel 365)
Example: Flexible data searching
❓ CONDITIONAL FORMULAS
IF Formula
=IF(A2>1000,"Bonus","No Bonus")Use: Conditional logic
Example: Performance bonus, eligibility checkSUMIF Formula
=SUMIF(DepartmentRange,"Sales",SalaryRange)Use: Conditional sum
Example: Department-wise totalsSUMIFS Formula
=SUMIFS(SalaryRange,DeptRange,"IT",ExpRange,">5")Use: Multiple condition sum
Example: Filtered salary calculationsCOUNTIF Formula
=COUNTIF(StatusRange,"Completed")Use: Conditional count
Example: Completed projects countCOUNTIFS Formula
=COUNTIFS(DeptRange,"HR",ExpRange,">=3")Use: Multiple condition count
Example: Employee categorizationIFS Formula
=IFS(A1>90,"A",A1>80,"B",A1>70,"C")Use: Multiple conditions
Example: Grade calculation, rating system
๐ DATE & TIME FORMULAS
TODAY Formula
=TODAY()Use: Current date
Example: Reports, deadlinesNOW Formula
=NOW()Use: Current date and time
Example: Timestamp, trackingDATEDIF Formula
=DATEDIF(StartDate,EndDate,"D")Use: Date difference
Example: Employee tenure, project durationEDATE Formula
=EDATE(StartDate,3)Use: Add months to date
Example: Project deadlines, contract datesWORKDAY Formula
=WORKDAY(StartDate,10)Use: Business days calculation
Example: Project timelines, excluding weekends
๐ TEXT FORMULAS
CONCATENATE Formula
=CONCATENATE(A2," ",B2)Use: Combine text
Example: Full names, addressesLEFT Formula
=LEFT(A2,3)Use: Extract left characters
Example: Short codes, prefixesRIGHT Formula
=RIGHT(A2,4)Use: Extract right characters
Example: File extensions, suffixesMID Formula
=MID(A2,3,5)Use: Extract middle text
Example: Product codes, substringsLEN Formula
=LEN(A2)Use: Text length
Example: Data validation, character countTRIM Formula
=TRIM(A2)Use: Remove extra spaces
Example: Data cleaning, formattingUPPER Formula
=UPPER(A2)Use: Convert to uppercase
Example: Standardizing textLOWER Formula
=LOWER(A2)Use: Convert to lowercase
Example: Data normalizationPROPER Formula
=PROPER(A2)Use: Capitalize first letters
Example: Names, titles formatting
๐ STATISTICAL FORMULAS
MEDIAN Formula
=MEDIAN(A2:A20)Use: Find median value
Example: Salary distribution, performance analysisMODE Formula
=MODE(A2:A20)Use: Find most frequent value
Example: Common issues, frequent valuesSTDEV Formula
=STDEV(A2:A20)Use: Standard deviation
Example: Data variability, quality controlRANK Formula
=RANK(A2,A$2:A$20)Use: Rank numbers
Example: Performance ranking, sales ranking
๐ข MATH FORMULAS
ROUND Formula
=ROUND(A2,2)Use: Round to decimals
Example: Currency, percentagesROUNDUP Formula
=ROUNDUP(A2,0)Use: Always round up
Example: Packaging, resource allocationROUNDDOWN Formula
=ROUNDDOWN(A2,0)Use: Always round down
Example: Cost calculations, estimatesMOD Formula
=MOD(A2,3)Use: Remainder after division
Example: Even/odd check, cycling patternsPOWER Formula
=POWER(A2,2)Use: Exponentiation
Example: Area calculations, growth ratesSQRT Formula
=SQRT(A2)Use: Square root
Example: Statistical calculations, engineering
๐ฐ FINANCIAL FORMULAS
PMT Formula
=PMT(Rate/12,Term*12,-LoanAmount)Use: Loan payment calculation
Example: EMI calculation, loan planningFV Formula
=FV(Rate/12,Term*12,-MonthlyPayment)Use: Future value of investment
Example: Retirement planning, savingsPV Formula
=PV(Rate/12,Term*12,-MonthlyPayment)Use: Present value calculation
Example: Investment analysisNPV Formula
=NPV(Rate,CashflowRange)Use: Net present value
Example: Project valuation, investment decisions
๐ REFERENCE FORMULAS
INDEX Formula
=INDEX(DataRange,3,2)Use: Get value from position
Example: Data extraction, dynamic rangesMATCH Formula
=MATCH("SearchValue",SearchRange,0)Use: Find position of value
Example: Combined with INDEX for powerful lookupsINDEX-MATCH Combination
=INDEX(ReturnRange,MATCH(SearchValue,SearchRange,0))Use: Flexible lookup alternative to VLOOKUP
Example: Left lookups, dynamic data retrievalCHOOSE Formula
=CHOOSE(3,"Low","Medium","High")Use: Select from list based on index
Example: Categorization, scenario selection
✅ LOGICAL FORMULAS
AND Formula
=AND(A2>50,B2<100)Use: Multiple conditions (ALL must be TRUE)
Example: Eligibility checks, validationOR Formula
=OR(A2>90,B2>90)Use: Multiple conditions (ANY can be TRUE)
Example: Qualification checks, optionsNOT Formula
=NOT(A2=B2)Use: Reverse logical value
Example: Exclusion criteria, inverse conditionsIFERROR Formula
=IFERROR(A2/B2,"Error")Use: Handle formula errors
Example: Clean data presentation, error handling
๐ INFORMATION FORMULAS
ISNUMBER Formula
=ISNUMBER(A2)Use: Check if value is number
Example: Data validation, type checkingISTEXT Formula
=ISTEXT(A2)Use: Check if value is text
Example: Data type verificationISBLANK Formula
=ISBLANK(A2)Use: Check if cell is empty
Example: Mandatory field checks, completenessCELL Formula
=CELL("filename",A1)Use: Get cell information
Example: File path, formatting info
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