Best Formula:The nested IF formula will be more efficient for Excel to calculate because they stop calculating at the first logical test that returns TRUE, whereas the pure logical test formula and IFS formula will always calculate all logical tests. Takeaway:Nested IF formulas stop calculating at...
In Excel 2016 and later, there is also an IFS function, which you can use instead of multiple nested IF functions. With the IFS function:You can test multiple conditions, to see if they are TRUE. The formula returns the result for the first TRUE condition....
What's important is that you can use any formula in thevalue_if_trueorvalue_if_falsesections. And running different formulas dependent upon the values of other cells is a very powerful skill to have. IF Function Example 3: Date Values In this third example, we use the IF function to tra...
NotesIf Value or Value_if_na is an empty cell, IFNA treats it as an empty string value (""). If Value is an array formula, IFNA returns an array of results for each cell in the range specified in value.ApplicabilityExcel 2013, Excel 2016Example...
The formula is in cell D5 but is listed in cell D3. Looking to cell D3, you can see that we used the logical operator greater than within the IF statement. Using this logical operator, greater than, any time the value in cell D1 is greater than the value in cell...
=IF(K7<3,112.5,IF(AND(K7>=3,K7<=9),150,IF(K7>=10,187.5,""))) If you're absolutely beginner, I recommend you to take some essential courses such as: Excel 2016 Essential Training(Paid Course) You can find too many free resources on the Internet such as:...
IF function Specifies a logical test to perform IFERROR function Returns a value you specify if a formula evaluates to an error; otherwise, returns the result of the formula IFNA function Returns the value you specify if the expression resolves to #N/A, otherwise returns the result of th...
The same approach should be applied when you use Excel's equal to operator in the logical test of the IF function. You can find more info as well as a few formula examples in this tutorial:Using Excel IF function with dates. Example 2. Using the "Equal to" operator with text values ...
Since it is, the whole formula evaluates as TRUE.Here are a few more examples of TRUE and FALSE statements with operators in more complex formulas. See if you can work through each one to figure out why the output makes sense.=(SUM(5, 5) = SUM(3, 7))Output: TRUE...
have to compare the actual against the target and evaluate whether it was larger. If TRUE, the formula must return 10% of actual, but if it is FALSE it must return 0. The resulting function is: =IF(C2>B2,C2*10%,0) The logical test normally involves comparing data on the spreadsh...