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Logical Functions - Notes

The document discusses various mathematical, logical, and conditional functions in Excel including addition, subtraction, multiplication, division, IF, AND, and OR functions. It provides the syntax and examples of how each function works. The IF function evaluates a condition and returns one value if true and another if false. The AND function returns true only if all conditions are met. The OR function returns true if any of the conditions are met. Knowing how to use these functions can save time when building complex formulas and logic in Excel.

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424 views

Logical Functions - Notes

The document discusses various mathematical, logical, and conditional functions in Excel including addition, subtraction, multiplication, division, IF, AND, and OR functions. It provides the syntax and examples of how each function works. The IF function evaluates a condition and returns one value if true and another if false. The AND function returns true only if all conditions are met. The OR function returns true if any of the conditions are met. Knowing how to use these functions can save time when building complex formulas and logic in Excel.

Uploaded by

sribalakarthik_21435
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PDF, TXT or read online on Scribd
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T

he most powerful feature of excel is to be able to effortlessly perform mathematical calculations. The excel formulae universe is large; however, an analyst must know these basic commands that has been covered in this chapter.

FUNCTIONS
In a spreadsheet application, values often need to be added, subtracted, multiplied and divided To allow for the fact that individual values might change, spreadsheet formulae generally refer not to actual values, but to the cells where those values are being held If values have been entered into A1 and A2, then A1+A2 will return an answer which will automatically recalculate if the value of A1 should change It is this automatic recalculation which makes spreadsheets invaluable Excel recognizes functions because they are preceded by an equals sign (=) You will find all of these mathematical operators ranged across the top and down the right hand side of the numeric keypad

BASIC MATHEMATICAL FUNCTIONS


Function Addition Subtraction Multiplication Division Exponentiation Sign + * / ^

LOGICAL FUNCTIONS IF / AND / OR IF WHY YOU NEED TO KNOW THIS?


Conditional comparisons are used in virtually all spreadsheets Knowing how to use IF in a nested manner and in combination with other functions will save hours of time

WHAT DOES IT DO?


This function tests a condition If the condition is met it is considered to be TRUE If the condition is not met it is considered as FALSE Depending upon the result, one of two actions will be carried out

SYNTAX
=IF(Condition,ActionIfTrue,ActionIfFalse) The Condition is usually a test of two cells, such as A1=A2 ActionIfTrue and ActionIfFalse can be numbers, text or calculations

EXAMPLE

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3 4 5 6

B Name Shekhar Gagan Bala

C Sales 1000 6000 2000

D Target 5000 5000 4000

E F G H Result Not Achieved =IF(C4>=D4,"Achieved","Not Achieved") Achieved =IF(C5>=D5,"Achieved","Not Achieved") Not Achieved =IF(C6>=D6,"Achieved","Not Achieved")

AND WHY YOU NEED TO KNOW THIS?


Used with the IF function to enable more complicated logical comparisons

WHAT DOES IT DO?


This function tests two or more conditions to see if they are all true It can be used to test that a series of numbers meet certain conditions It can be used to test that a number or a date falls between an upper and lower limit Normally the AND() function would be used in conjunction with a function such as =IF()

SYNTAX
=AND(Test1,Test2) Note that there can be up to 30 possible tests When used by itself it will show TRUE or FALSE

EXAMPLE
C D Items To Test 500 800 500 25 25 500 12 E Result TRUE FALSE FALSE TRUE F G

3 4 5 6 7

=AND(C4>=100,D4>=100) =AND(C5>=100,D5>=100) =AND(C6>=100,D6>=100) =AND(D7>=1,D7<=52)

OR WHY YOU NEED TO KNOW THIS?


Used with the IF function to enable more complicated logical comparisons

WHAT DOES IT DO?


This function tests two or more conditions to see if any of them are true It can be used to test that at least one of a series of numbers meets certain conditions Normally the OR() function would be used in conjunction with a function such as =IF()

SYNTAX
=OR(Test1,Test2) Note that there can be up to 30 possible tests When used by itself it will show TRUE or FALSE

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EXAMPLE
C 3 4 5 6 7 Order No. K1 K2 K3 K4 D Cost 1000 1000 2000 5000 E F Payment Handling Type Charge Cash $0 Visa $5 Cheque $0 Mastercard $5 G H I J

=IF(OR(E4="Visa",E4="Mastercard"),5,0) =IF(OR(E5="Visa",E4="Mastercard"),5,0) =IF(OR(E6="Visa",E4="Mastercard"),5,0) =IF(OR(E7="Visa",E4="Mastercard"),5,0)

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