Rounding to the Nearest Tenth or Hundredth with Excel

Rounding to the Nearest Tenth or Hundredth with Excel
Last Updated on 25/04/2024
Reading time: 2 minutes

Rounding to the Nearest Tenth or hundredth with a single formula, it's possible with Excel

  1. The ROUND function

    The ROUND function is known for rounding to the nth decimal

  2. Use the second argument with a negative number

    That's the Secret! To round to the nearest Tenth of a Hundredth, you simply have to write a negative number for the second argument.

The typical application of the ROUND function

The ROUND function is extensively utilized in Excel. Its primary purpose is to round a number to a designated number of digits. The syntax for the ROUND function is as follows:

=ROUND(number, decimal)

  • "Number" is your original number
  • "Decimal" is the number of decimal places you want to keep

You can input any value, even 0, if you prefer not to include any digits in the output.

Example of numbers to round

Rounding to the nearest tenth, hundredth, thousandth

The method for rounding to the nearest ten is straightforward. Simply utilize the same function but with a negative value for the decimal argument. 😮😮😮

For example, when rounding to the nearest tenth, you would input -1 as the function's second argument.

=ROUND(1234,-1)   =>1230

Rounding to the nearest tenth but not hundredth

Adjust the parameter to -2 for rounding to the nearest hundred.

=ROUND(1234,-2)   =>1200

Rounding to the nearest hundredth and not tenth

Or -3 for rounding to the nearest thousandth

=ROUND(1234,-3)   =>1000

Rounding to the nearest thousandth

The function MROUND

An alternative method for rounding to the nearest ten, five, ... involves utilizing the MROUND function. The "M" in MROUND stands for Multiple, allowing you to specify the desired multiple to round to. For instance, if you aim to round to the nearest tenth, you would input 10 as the second argument.

=MROUND(1234,10)   =>1230

Alternatively, round to the nearest five by using 5.

=MROUND(1234,5)   =>1235

Example of the MROUND function

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Rounding to the Nearest Tenth or Hundredth with Excel

Reading time: 2 minutes
Last Updated on 25/04/2024

Rounding to the Nearest Tenth or hundredth with a single formula, it's possible with Excel

  1. The ROUND function

    The ROUND function is known for rounding to the nth decimal

  2. Use the second argument with a negative number

    That's the Secret! To round to the nearest Tenth of a Hundredth, you simply have to write a negative number for the second argument.

The typical application of the ROUND function

The ROUND function is extensively utilized in Excel. Its primary purpose is to round a number to a designated number of digits. The syntax for the ROUND function is as follows:

=ROUND(number, decimal)

  • "Number" is your original number
  • "Decimal" is the number of decimal places you want to keep

You can input any value, even 0, if you prefer not to include any digits in the output.

Example of numbers to round

Rounding to the nearest tenth, hundredth, thousandth

The method for rounding to the nearest ten is straightforward. Simply utilize the same function but with a negative value for the decimal argument. 😮😮😮

For example, when rounding to the nearest tenth, you would input -1 as the function's second argument.

=ROUND(1234,-1)   =>1230

Rounding to the nearest tenth but not hundredth

Adjust the parameter to -2 for rounding to the nearest hundred.

=ROUND(1234,-2)   =>1200

Rounding to the nearest hundredth and not tenth

Or -3 for rounding to the nearest thousandth

=ROUND(1234,-3)   =>1000

Rounding to the nearest thousandth

The function MROUND

An alternative method for rounding to the nearest ten, five, ... involves utilizing the MROUND function. The "M" in MROUND stands for Multiple, allowing you to specify the desired multiple to round to. For instance, if you aim to round to the nearest tenth, you would input 10 as the second argument.

=MROUND(1234,10)   =>1230

Alternatively, round to the nearest five by using 5.

=MROUND(1234,5)   =>1235

Example of the MROUND function

Leave a Reply

Your email address will not be published. Required fields are marked *