Excel Tutorial – MROUND

The MROUND function in Microsoft Excel is a function that rounds a number to the nearest multiple of a specified number. This function is useful for formatting numbers and making them easier to read and understand.

To use the MROUND function, follow these steps:

1. Open Microsoft Excel and select the cell where you want the rounded number to appear.
2. Type the following formula into the cell: =MROUND(number, multiple)
3. Replace “number” with the number that you want to round.
4. Replace “multiple” with the multiple that you want to round the number to.
5. Press Enter to see the result.

The MROUND function rounds numbers according to the standard rounding rules. For example, if a number is halfway between two multiples of a specified number, the MROUND function will round it up if the number is positive, and down if the number is negative.

You can also use the ROUND, ROUNDUP, and ROUNDDOWN functions to round a number to the nearest whole number, or up or down to a specified number of decimal places, respectively.

The MROUND function is a very useful tool for formatting numbers and making them easier to read and understand. You can use it to round numbers to the nearest multiple of a specified number.