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You can round any value to the nearest decimal place using the ROUND function. The
following graphic demonstrates the use of the ROUND function to 1 digit. The 1 indicates how
many digits to the right of the decimal point should be used in the result. In this example, the
result is 123456.8 because it rounds the .789 to .8.
The following demonstrates how to round to the nearest multiple of 10. We tell it to be -1
digits from the decimal point, which means how many digits to the left of the decimal point.
This results in a value of 123460.
If you want to round to the nearest whole number, then you simply put a 0 as the number of
digits, as shown:
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18/07/2012 Rounding to the Nearest in Microsoft Excel
Below, we demonstrate how to round the value to the nearest quarter or .25. If you like all
your prices in your pricelist to be in 25-cent increments, this is how you'd do it.
Gu a ra n tee a n En din g V a lu e
Now what if you wanted all your prices to be X dollars and 95 cents. So your prices would be
2.95, 3.95, 4.95, etc. This is accomplished by rounding to the nearest dollar and subtracting
5 cents. As shown:
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