MROUND

The MROUND function rounds a number to the nearest multiple specified by the user. It is useful for adjusting values to specific increments or multiples.

Syntax 🔗

=MROUND(number, multiple)

number The number you want to round to the nearest multiple.
multiple The value to which you want to round the number.

About MROUND 🔗

Use the MROUND function in Excel to round a number to the nearest specified multiple. This function helps you align your data with specific intervals or increments, which is useful for financial or statistical analyses. MROUND allows you to adjust the precision of your calculations, ensuring accuracy and consistency in your data and reports.

Examples 🔗

To round the number 842 to the nearest multiple of 50, use the formula: =MROUND(842, 50). The result will be 850.

To round the number 34.78 to the nearest multiple of 5, use the formula: =MROUND(34.78, 5). The result will be 35.

Notes 🔗

Ensure the number and multiple values you provide are suitable for your use case to achieve the desired rounding outcome with MROUND. Be aware of potential impacts on subsequent calculations or analyses that may be influenced by the rounded values.

Questions 🔗

How does the MROUND function determine which multiple to round a number to?

The MROUND function rounds a number to the nearest multiple specified by the user. If the number is equidistant to two multiples, it rounds towards the multiple that is farther from zero.

Can I use the MROUND function to round numbers to decimals or fractions?

Yes, you can use the MROUND function to round numbers to decimal places or fractions by specifying the desired multiple accordingly. This flexibility allows for customized rounding based on your specific needs.

Is there a limitation on the size of numbers that can be rounded using the MROUND function?

The MROUND function can handle a wide range of numerical values for rounding, including integers, decimals, and fractions. There is no inherent limitation on the size of numbers that can be processed, making it a versatile tool for various rounding requirements.

CEILING
FLOOR
ROUND
ROUNDUP
ROUNDDOWN

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