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Floor

This document provides information about the FLOOR function in Excel. It defines what the FLOOR function does, provides the syntax, and an example of how to use it to round numbers down to the nearest multiple for calculating sales commissions.

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arunasagar_2011
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32 views1 page

Floor

This document provides information about the FLOOR function in Excel. It defines what the FLOOR function does, provides the syntax, and an example of how to use it to round numbers down to the nearest multiple for calculating sales commissions.

Uploaded by

arunasagar_2011
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Excel Function Dictionary 1998 - 2000 Peter Noneley A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 B C D E F G H

FLOOR Page 1 of 1

FLOOR
Number 1.5 2.3 2.9 123 145 175 Rounded Down 1 2 2 100 100 150 =FLOOR(C4,1) =FLOOR(C5,1) =FLOOR(C6,1) =FLOOR(C7,50) =FLOOR(C8,50) =FLOOR(C9,50)

What Does It Do ? This function rounds a value down to the nearest multiple specified by the user. Syntax =FLOOR(NumberToRound,SignificantValue) Formatting No special formatting is needed. Example The following table was used to calculate commission for members of a sales team. Commission is only paid for every 1000 of sales. The =FLOOR() function has been used to round down the Actual Sales to the nearest 1000, which is then used as the basis for Commission. Name Alan Bob Carol Actual Sales 23,500 56,890 18,125 Relevant Sales Commission 23,000 230 56,000 560 18,000 180 =FLOOR(D29,1000)

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