CEILING.PRECISE
The CEILING.PRECISE function rounds a number up to the nearest specified multiple, ensuring a precise upward rounding for positive numbers, i.e., it always rounds away from zero.
Syntax 🔗
=CEILING.PRECISE(number, significance)
number | The number you want to round up to the nearest multiple. |
significance | The multiple to which you want to round the number up. |
About CEILING.PRECISE 🔗
When you need to round a number up to the nearest specified multiple in Excel, turning to CEILING.PRECISE is the strategy for precision. This function exclusively ensures that positive numbers are always rounded away from zero, providing a level of meticulousness in upward rounding for your numeric data. Whether dealing with financial calculations or any scenario that demands the precise upward rounding of values, CEILING.PRECISE stands as a reliable tool in your arsenal of Excel functions. By inputting the desired number and significance (the multiple to round up to), you attain a numerically accurate result that aligns with your exacting requirements.
Examples 🔗
Suppose you have a number 48.5 and want to round it up to the nearest multiple of 5. The CEILING.PRECISE formula would be: =CEILING.PRECISE(48.5, 5). This will return the result as 50, rounded up to the nearest multiple of 5.
If you wish to round the number 23 up to the nearest multiple of 10, you would use the formula: =CEILING.PRECISE(23, 10). The resulting value will be 30, ensuring a precise upward rounding to the nearest multiple of 10.
Notes 🔗
The CEILING.PRECISE function rounds positive numbers up to the nearest specified multiple. For negative numbers, it rounds towards zero. Ensure to use CEILING.PRECISE appropriately based on the specific rounding requirements of your data.
Questions 🔗
The CEILING.PRECISE function always rounds positive numbers up to the nearest specified multiple, ensuring a precise upward rounding. For negative numbers, it rounds towards zero in the same manner as the standard CEILING function.
Can I use the CEILING.PRECISE function to round numbers to the nearest multiple for financial calculations?Yes, the CEILING.PRECISE function is commonly used in financial analysis and accounting for rounding numbers to the nearest specified multiple, especially in scenarios where precision in upward rounding is required.
What is the main difference between CEILING and CEILING.PRECISE functions?The primary difference lies in their rounding behavior for positive numbers. While the CEILING function rounds towards positive infinity for positive numbers, the CEILING.PRECISE function always rounds away from zero, ensuring a precise upward rounding.