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Exercise to learn how to use the Dollar Sign in Excel

In this beginner Excel exercise, you'll learn how to use the dollar sign ($) in formulas. Here’s what you’ll do:

  • Discover how the dollar sign locks cell references in formulas.
  • Practice using absolute, relative, and mixed cell references.
  • Understand why locking cells is essential when copying formulas.
Cover why use a dollar sigh in Excel formula

How do you complete this exercise?

The exercise guides you through a series of questions designed to deepen your understanding of the dollar sign’s purpose in formulas.

  • You’ll apply it to different scenarios, such as calculating totals with fixed values and replicating these calculations across multiple rows and columns.
  • By answering questions, you’ll explore how to choose the correct reference type—absolute, relative, or mixed—depending on the situation.
  • This hands-on approach ensures you grasp when and why to use the dollar sign, helping you build confidence in applying it to various tasks.

Click on the following button to start the training about the dollar sign in Excel

Price with tax: the absolute reference $

Calculate net total, tax and total including tax on a grocery order, learning to lock a tax-rate cell with the $ absolute reference so fill-down stays correct — 7 guided steps.

Write the formula in cell D2

1 / 7

In D2, calculate the net total, that is the price multiplied by the quantity.

Price tax — Q1 · 173

=B2*C2

2 / 7

Fill the Net total down (column D)

Price tax — Q2 · 174

=B7*C7

Lock the rate with $ (F4) — cell E2

3 / 7

In E2, calculate the tax: the net total multiplied by the tax rate (cell B9). Lock the rate cell with $ signs (F4 key) so that the formula can be filled down.

Price tax — Q3 · 175

=D2*$B$9

4 / 7

Fill the Tax down (column E)

Price tax — Q4 · 176

=D7*$B$9

Write the formula in cell F2

5 / 7

In F2, calculate the total including tax, that is the net total plus the tax.

Price tax — Q5 · 177

=D2+E2

6 / 7

Fill the Total incl. tax down (column F)

Price tax — Q6 · 178

=D7+E7

Use the SUM function in cell F10

7 / 7

In F10, calculate the total to pay with the SUM function (the sum of every total including tax).

Price tax — Q7 · 179

=SUM(F2:F7)

Your score is

0%

Other Exercises

  • Beginner Excel Exercise: Mastering Basic Calculations
  • Learn how to use the Dollars in an Excel formula
  • Excel Training – Calculate the weekly profit

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Excel Tutorial is managed by majordome du net