As part of Excel functions discussions, we are going to discuss two functions through this Article; which are CEILING
and FLOOR
functions.
The CEILING
function
This function returns the rounded-up number which is nearest to the specified multiple of significance. It is important to understand that, the return number is based on the specified significance; that means, the return number is always nearest to the multiple of significance; it is NOT nearest to the given significance.
For example, if the given number is 12.32 and the significance value is 2; the next available HIGHER value (round up) which is a multiple of the significance 2 is 14; then the return value would be 14.
The Syntax of the function is like below:
=CEILING(number, significance)
CEILING
function takes 2 arguments and both are mandatory. number
is the number to which you want to apply the CEILING; and the significance is the multiple to which you want to round.
The FLOOR
function
Unlike CEILING
function, this function returns the rounded-down number which is nearest to the multiple of the significance. For example, take some value mentioned in the above example; 12.32 and the significance value is 2, and this function returns the round down value which is 12.
=FLOOR(number, significance)
Like CEILING
function, it also takes 2 mandatory arguments and returns the round-down number which is the multiple of the given significance.
Commonalities in both these functions
Both these functions can take negative and positive numbers.
These functions return the #VALUE! error, if you pass the non-numeric value (for example, text value) through these arguments.
These functions return the #NUM! error, if the significance value is a negative value and the number value is a positive value.
🙂 Sahida
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