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Data organizing and working with Microsoft Excel is one of the most spread things. You could hardly find a person who haven’t used excel yet. With its huge popularity, this software is basically used in many industries. You could generate reports and build business insights with excel. And excel also enables you to work with building applications to make your work easy.

One of the most used excel features are the excel sheet formulas. Here in this article, we will be discussing those excel formulas as far as we can and we are trying to cover every aspect of the formulas.

What is Excel Formula?

As we all know excel operates over a grid of cells. So, Microsoft Excel formula operates over a range of cells to calculate a result. The result can be a number, depends upon which method we are using, or it could be an error. It means that you can do addition, subtraction, multiplication, division and many more other mathematical formulas in excel. So, that you can do average, percentage of your data, manipulating date and time and even lot more things than that.

Let’s look onto some steps that you should follow for activating this excel formulas:

Step1: Choose a cell

Step2: Enter a ‘=’ sign in the cell where you want your answers before entering anything.

Step3: Now go to the cell that you want to operate with and select its address. Copy the address and paste it beside the equal sign where you want the answer.

Step4: Now enter the operator that you want to operate with.

Step5: Copy the address of the next cell that you want to operate and enter it after the operator.

Step6: Press ‘Enter’.

There is a similar word for ‘formulas’, and that is ‘function’. Formulas and functions are interchangeable terms often. Though they are related to each other but not the same. A formula begins with ‘=’ whereas functions can be operated for calculating complex solutions which is very hard to done manually. Functions in excel are named according to their intended use.

Formulas and functions in excel helps you perform your tasks simply and yet efficiently. It’s a very time saving option. Let’s get to the application or in simple words learning the different types of functions that are used in excel and how they relevantly help us in some of the important fields.

SUM():

It is a simple function and as its name suggests it shows the added value of the selected range of cells. The result form mathematical operation will be resulted out in the next cell.

AVERAGE():

This function calculates the average of the cell values selected in range. The answers will be shown in the desired cell.

COUNT():

This function is very useful because it can count the number of cells with numeric data in it. So, after you have selected a range of cells and that you applied this count function. This function will count the number of cells which is holding numeric data. Other than numeric data if available then it will not be counted. Blanks are also ignored while counting by this function.

Though this function has also a sub-function which is also helpful for counting blank cells. So, if you want to count blank cells in a range of cells, you can use the function COUNTBLANK().