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.