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Basic Excel Formulas

The document provides an overview of basic Excel formulas that facilitate quick and accurate calculations. It covers foundational functions such as SUM, MAX, MIN, and AVERAGE, detailing their syntax and practical applications for tasks like calculating totals and identifying peak or minimum values. Learning these formulas enhances data analysis efficiency in everyday tasks.
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0% found this document useful (0 votes)
3 views6 pages

Basic Excel Formulas

The document provides an overview of basic Excel formulas that facilitate quick and accurate calculations. It covers foundational functions such as SUM, MAX, MIN, and AVERAGE, detailing their syntax and practical applications for tasks like calculating totals and identifying peak or minimum values. Learning these formulas enhances data analysis efficiency in everyday tasks.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Basic Excel Formulas

Last Updated : 22 May, 2026

MS Excel helps you perform calculations quickly and accurately using


built-in formulas. By learning basic Excel formulas, you can easily add
numbers, find averages, identify maximum and minimum values, and
analyze data efficiently in everyday tasks.

Foundational Excel Formulas

1. Sum Function

The SUM function adds all numeric values in a selected range. It’s
commonly used to calculate totals.

Syntax: =SUM(number1, [number2], ...)

Where:

number1, [number2], are the numbers, cell references (e.g., C3:C8), or


ranges to add together. Use this to calculate the total of values, like
summing vegetable costs in C3:C8
2. Max Function

The MAX function returns the highest value from a range, helping identify
peak expenses.

Syntax: =MAX(number1, [number2], ...)

Where:

number1, [number2], are the numbers or range (e.g., C5:C12) to


evaluate. Apply this to find the highest value, such as the most expensive
item in a list.
3. Min Function

The MIN function finds the lowest value in a range, useful for spotting
minimum costs.

Syntax: =MIN(number1, [number2], ...)

Where:

number1, [number2], are the numbers or range (e.g., C5:C10) to


evaluate. Use this to determine the lowest value, like the cheapest
vegetable.
4. Average Function

The AVERAGE function calculates the mean of a range of values, giving


insight into typical spending.

Syntax: =AVERAGE(number1, [number2], ...)

Where:
number1, [number2],are the numbers or range (e.g., C5:C10) to average.
Employ this to find the mean value, such as the average cost of items.

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