FLOOR

In this comprehensive guide, we will explore everything you need to know about the FLOOR function in Excel. The FLOOR function is a useful tool for rounding down numbers to the nearest multiple of a specified factor. This can be particularly helpful in various scenarios, such as calculating discounts, rounding down time values, or working with units of measurement. By the end of this article, you will have a thorough understanding of the FLOOR function, its syntax, examples, tips and tricks, common mistakes, and related formulae.

FLOOR Syntax

The FLOOR function in Excel has the following syntax:

=FLOOR(number, significance)

Where:

• number (required) – The number you want to round down.
• significance (required) – The multiple to which you want to round the number down. The result will be a multiple of this value.

Note that if the number and significance have different signs, the FLOOR function will return a #NUM! error.

FLOOR Examples

Let’s look at some examples of how to use the FLOOR function in Excel:

1. Basic rounding down: If you want to round down the number 23.7 to the nearest multiple of 5, you can use the formula =FLOOR(23.7, 5). The result will be 20, as 20 is the nearest multiple of 5 that is less than or equal to 23.7.
2. Rounding down with decimals: To round down the number 12.34 to the nearest multiple of 0.1, use the formula =FLOOR(12.34, 0.1). The result will be 12.3, as 12.3 is the nearest multiple of 0.1 that is less than or equal to 12.34.
3. Rounding down negative numbers: If you want to round down the number -7.8 to the nearest multiple of 2, use the formula =FLOOR(-7.8, 2). The result will be -8, as -8 is the nearest multiple of 2 that is less than or equal to -7.8.
4. Rounding down time values: To round down a time value of 5 hours and 37 minutes to the nearest hour, you can use the formula =FLOOR(5.61666667, 1). The result will be 5, as 5 is the nearest whole number that is less than or equal to 5.61666667 (5 hours and 37 minutes expressed as a decimal).

FLOOR Tips & Tricks

Here are some tips and tricks to help you get the most out of the FLOOR function in Excel:

• When working with time values, remember to convert them to decimal values before using the FLOOR function. You can do this by multiplying the time value by 24 (for hours), 1440 (for minutes), or 86400 (for seconds).
• If you want to round down to the nearest integer, you can simply use the significance value of 1 in the FLOOR function.
• Keep in mind that the FLOOR function always rounds down, even if the number is already a multiple of the significance value. If you want to round up, consider using the CEILING function instead.

Common Mistakes When Using FLOOR

Here are some common mistakes to avoid when using the FLOOR function in Excel:

• Using different signs for the number and significance values. This will result in a #NUM! error. Make sure both values have the same sign.
• Forgetting to convert time values to decimal values before using the FLOOR function. This can lead to incorrect results.
• Using the FLOOR function when you actually want to round up. In this case, use the CEILING function instead.

Why Isn’t My FLOOR Function Working?

If you’re having trouble with the FLOOR function, consider the following troubleshooting tips:

• Double-check the syntax of your formula. Make sure you have included both the number and significance values, and that they are separated by a comma.
• Ensure that both the number and significance values have the same sign. If they have different signs, the FLOOR function will return a #NUM! error.
• Verify that you have converted any time values to decimal values before using the FLOOR function.
• If you’re still having trouble, consider using the Excel Help feature or consulting online resources for further guidance.

FLOOR: Related Formulae

Here are some related formulae that you might find useful when working with the FLOOR function in Excel:

1. CEILING: The CEILING function rounds a number up to the nearest multiple of a specified factor. Use this function when you want to round up instead of down.
2. ROUND: The ROUND function rounds a number to a specified number of decimal places. This function can be used when you want to round to a specific decimal place rather than a multiple of a factor.
3. ROUNDDOWN: The ROUNDDOWN function rounds a number down to a specified number of decimal places. This function is similar to FLOOR but allows you to specify the number of decimal places to round down to.
4. ROUNDUP: The ROUNDUP function rounds a number up to a specified number of decimal places. This function is similar to CEILING but allows you to specify the number of decimal places to round up to.
5. MROUND: The MROUND function rounds a number to the nearest multiple of a specified factor. This function can round up or down, depending on the value being rounded.

By now, you should have a comprehensive understanding of the FLOOR function in Excel, including its syntax, examples, tips and tricks, common mistakes, and related formulae. With this knowledge, you can confidently use the FLOOR function to round down numbers to the nearest multiple of a specified factor in your Excel worksheets.