CEILING.PRECISE
The CEILING.PRECISE function rounds a number up to the nearest specified multiple. It ensures upward rounding for positive numbers, always rounding 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 🔗
Use the CEILING.PRECISE function in Excel to round a number up to the nearest specified multiple. This function always rounds positive numbers away from zero. It's useful for financial calculations or any situation requiring precise upward rounding of values. Simply input the number and the significance (the multiple to round up to) to get the rounded result.
Examples 🔗
Suppose you have a number 48.5 and want to round it up to the nearest multiple of 5. Use the CEILING.PRECISE function like this: =CEILING.PRECISE(48.5, 5). This returns 50, rounding up to the nearest multiple of 5.
To round the number 23 up to the nearest multiple of 10, use this formula: =CEILING.PRECISE(23, 10). This results in 30, providing a precise upward rounding to the nearest multiple of 10.
Notes 🔗
Use the CEILING.PRECISE function to round positive numbers up to the nearest specified multiple. For negative numbers, it rounds towards zero. Apply CEILING.PRECISE according to your data's specific rounding needs.
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.