rounding to nearest hundred dollar in Excel

[Diane]

User wants to round up to nearest $100 dollar figure if it's over 50, or down
to nearest $100 figure if it's under 50. For example, if they enter dollar
figure of $1234.00, they want it rounded down to the nearest $100 dollar
amount, which would be $1,200.00. Thanks.

 

[Peo Sjoblom]

50000? Since you say round up to nearest 100 if over 50 shouldn't 1234 round
up to 1300? Or did you mean 50000?

Regardsless round to nearest 100 is ROUND(x,100) round up is
CEILING(x,100)

so you can set it the way you want by testing the condition

=IF(x>50,formula1,formula2

Regards,

Peo Sjoblom

 

[Faz]

The round function will do this. =ROUND(X,Y)
X is the number (cell reference) you want rounding
Y is the number of decimal places you want it to round to. If you wan
something rounded to 3 decimal places, Y would be 3. Y can tak
negative values, such as -1, which rounds to the nearest ten and -2
which rounds to the nearest hundred, which you are after.
Assuming the cell you want rounding is F10, the equation is
=ROUND(F10,-2

 

[Bob Phillips]

Round to the nearest 100 is

=ROUND(x,-2)

--

HTH

RP
(remove nothere from the email address if mailing direct)

 

[Diane]

Thanks Bob,

User tried it, and it works!

Diane

Round to the nearest 100 is

=ROUND(x,-2)

--

HTH

RP
(remove nothere from the email address if mailing direct)

 

[Peo Sjoblom]

Doh!

Peo

Round to the nearest 100 is

=ROUND(x,-2)

--

HTH

RP
(remove nothere from the email address if mailing direct)

 

[Bob Phillips]

You were thinking ahead of yourself Peo

Doh!

Peo


50,

 

[Peo Sjoblom]

You forgot "again" at the end

)

Peo

You were thinking ahead of yourself Peo