FLOOR.PRECISE
The FLOOR.PRECISE function rounds numbers down to the nearest specified multiple. The result is always less than or equal to the original number. It is useful for precise downward rounding in calculations.
Syntax 🔗
=FLOOR.PRECISE(number, significance)
number | The numerical value you want to round down. |
significance | The multiple to which you want to round down the number. |
About FLOOR.PRECISE 🔗
Use the FLOOR.PRECISE function in Excel to round numbers down to the nearest specified multiple. This function is useful when you need precise downward rounding in calculations, such as financial assessments, ensuring values align with your desired level of detail.
Examples 🔗
To round the number 15.75 down to the nearest multiple of 5, use the FLOOR.PRECISE function: =FLOOR.PRECISE(15.75, 5). This returns 15, which is the closest multiple of 5 that is less than or equal to 15.75.
If you want to round down 123.456 to the nearest hundred (100), apply the FLOOR.PRECISE function like this: =FLOOR.PRECISE(123.456, 100). The outcome is 100, as it is the nearest multiple of 100 that is less than or equal to 123.456.
Notes 🔗
The FLOOR.PRECISE function rounds numbers down to the nearest specified multiple. The result is always less than or equal to the original number. Use valid numeric inputs for both the number and significance arguments to get accurate results.
Questions 🔗
No, the FLOOR.PRECISE function is specifically designed to round numbers down towards negative infinity. If you require upward rounding, you should consider utilizing a different function like CEILING.PRECISE in Excel.
How does the FLOOR.PRECISE function handle negative numbers?When processing negative numbers with the FLOOR.PRECISE function, it retains its characteristic of rounding down towards negative infinity. The function ensures that the outcome remains less than or equal to the original negative value, in alignment with its operational principle.
Is the significance argument required in the FLOOR.PRECISE function?Yes, the significance argument is mandatory in the FLOOR.PRECISE function. It dictates the interval to which the number should be rounded down. Omitting this argument can lead to inaccurate or unexpected results, underscoring the necessity of defining the rounding criteria for desired outcomes.
Certainly! The FLOOR.PRECISE function can be seamlessly integrated into various Excel formulas and calculations to achieve specific rounding requirements. Whether used in conjunction with mathematical operations, logical functions, or statistical analyses, FLOOR.PRECISE effectively contributes to meticulous numerical manipulations within Excel.