How to use FLOOR.MATH function in Excel?

The `FLOOR.MATH` function in Excel is used to round a number down to the nearest integer or specified multiple. It provides more control compared to the basic `FLOOR` function, allowing for different rounding modes.

Here’s how to use the `FLOOR.MATH` function:

Syntax

FLOOR.MATH(number, [significance], [mode])

Parameters

  • number: (required) The number you want to round down.
  • significance: (optional) The multiple to which you want to round the number. If omitted, it defaults to 1.
  • mode: (optional) Determines the direction of rounding for negative numbers.

Usage

     =FLOOR.MATH(3.7)
  • Basic Usage:
    • To round a number down to the nearest integer:

Result: 3

     =FLOOR.MATH(7.5, 2)
  • Using Significance:
    • To round a number down to the nearest specified multiple:

Result: 6 (rounds down to the nearest multiple of 2)

       =FLOOR.MATH(-7.5, 2, 1)
  • Rounding Negative Numbers:
    • By default, for negative numbers, `FLOOR.MATH` rounds away from zero. To change this, use the `mode` parameter.
    • Round towards zero for negative numbers:

Result: -6 (rounds towards zero)

Example Scenarios

  =FLOOR.MATH(15.5, 2)
  • Rounding Down to Even Mulitples: If you need to round down a measurement to the nearest even number:

Result: 14

  =FLOOR.MATH(123.45, 1)
  • Financial Calculations: When dealing with currency, you might want to round down to the nearest dollar or cent:

Result: 123

  =FLOOR.MATH(47, 5)
  • Custom Roundings based on Business Rules: E.g., rounding down to the nearest 5 for some inventory purposes:

Result: 45

Notes

  • If `number` is positive and `significance` is negative, `FLOOR.MATH` will return an error. The same vice versa.
  • The `significance` should never be 0; otherwise, it will result in an error.

By understanding these aspects of `FLOOR.MATH`, you can effectively round numbers in Excel to meet specific criteria.

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