Top 20 formula in excel (Advances Formulas & Functions)

Microsoft Excel is a powerful spreadsheet application developed by Microsoft Corporation. It is widely used in business, finance, accounting and other fields where data management and analysis are essential. Excel allows users to organize and manipulate large sets of data, perform calculations, create charts and graphs, and automate tasks using macros and formulas.

 An Excel spreadsheet is made up of rows and columns, which form cells that can contain text, numbers, or formulas. Users can apply formatting to cells to make them easier to read, and can also use Excel's built-in functions and formulas to perform complex calculations. Excel also supports the creation of Pivot Tables, which allow users to quickly and easily summarize and analyze large sets of data.

Excel is often used in conjunction with other Microsoft Office applications, such as Word and PowerPoint, to create reports and presentations that incorporate data and charts from Excel. Excel is available for Windows and Mac computers, and there are also versions of Excel that can be used online through web browsers or mobile devices.

Top 20 Formula in excel (Advances Formulas & Functions) 

• SUM: Adds up a range of cells.

Format: SUM(range)

• AVERAGE: Calculates the average of a range of cells.

Format: AVERAGE(range)

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

Format: COUNT(range)

• MAX: Returns the maximum value in a range of cells.

Format: MAX(range)

• MIN: Returns the minimum value in a range of cells.

Format: MIN(range)

• IF: Returns a value based on a condition.

Format: IF(condition, value_if_true, value_if_false)

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

Format: VLOOKUP(value, table, column, [exact match])

• INDEX/MATCH: Searches for a value in a table and returns a value in the same row from a specified column.

Format: INDEX(table, MATCH(value, range, [exact match]))

• H LOOKUP: Searches for a value in the first row of a table and returns a value in the same column from a specified row.

Format: H LOOKUP(value, table, row, [exact match])

• CONCATENATE: Joins together two or more strings of text.

Format: CONCATENATE(string1, string2, [string3, ...])

• LEFT: Returns a specified number of characters from the left side of a text string.

Format: LEFT(text, [number of characters])

• RIGHT: Returns a specified number of characters from the right side of a text string.

Format: RIGHT(text, [number of characters])

• MID: Returns a specified number of characters from a text string, starting from a specified position.

Format: MID(text, start position, [number of characters])

• NOW: Returns the current date and time.

Format: NOW()

• TODAY: Returns the current date.

 Format: TODAY()

• DATEDIF: Calculates the difference between two dates in a specified unit of time.

Format: DATEDIF(start date, end date, "unit")

• PMT: Calculates the payment for a loan based on constant payments and a constant interest rate.

Format: PMT(rate, nper, pv, [fv], [type])

• IRR: Calculates the internal rate of return for a series of cash flows.

Format: IRR(range, [guess])

• NPV: Calculates the net present value of an investment based on a series of periodic cash flows and a discount rate.

 Format: NPV(rate, range)

• ROUND: Rounds a number to a specified number of decimal places.

Format: ROUND(number, [number of decimal places])

The "Home" tab in Excel typically includes the following options :

1:- Clipboard: Cut, copy, and paste cells, as well as other clipboard-related functions.

2:- Font: Change font family, size, style, color, and effects.

3:- Alignment: Align text within cells, adjust cell size and wrapping, and change the orientation of text.

4:- Number: Apply number formatting such as currency, percentage, and date/time.

4:- Styles: Apply cell styles, which are combinations of formatting options.

5:- Cells: Insert and delete cells, format cells, and manage cell content.

6:- Editing: Find and replace text within cells, spell check, and other editing tools.

7:- Sort & Filter: Sort data by various criteria, and filter data to show only specific values.

8:- Conditional Formatting: Apply formatting based on specified conditions or rules.

9:- Table: Convert data to a table, manage table options, and insert or delete rows and columns.

10:- Charts: Create and manage charts and graphs to visualize data.

11:- Sparklines: Create small charts within cells to display trends or patterns in data.

Note that the exact options may vary slightly depending on the version of the excel being used.