Ex 6
Ex 6
Consider the problem of preparing a stationary order for the month of March. The item description,
quantity and cost per item are available. The total cost per item is to be calculated and the final cost
per item involves a sales tax of 2% over the total cost. The gross total and the net total are to be
displayed.
Aim:
Create a excel sheet with the stationery data for calculating the absolute and relative referencing.
Steps: 1. Create an excel sheet with the available data as shown below:
2. Add the columns total cost per item, VAT and Cost + VAT
3. Fill in the V.A.T value (2%) in one of the cells say G1 so as to not to affect the other calculations.
5. Multiply the V.A.T value with the total cost of each item to obtain V.A.T column
a. Observe what happens when you drag the cells after you fill in the formula for the first item
b. The first item gets filled correctly but the other items show zero as shown below:
c. This is because the formula changes relatively for the subsequent cells as D4*G2,D5*G3 etc..
Where as the value is present only in one cell G1. To prevent this automatic changing of cell values
(also called relative referencing which excel does by default), anchor the cell G1 as G$1. The $ infront
of a row or column prevents automatic updation of the row/column value when dragged. Here G is
stationary by default but rows change as 1,2,3,.. etc so we anchor the row as G$1. and then drag the
formula which updates the cells properly as shown below:
6. Calculate Cost + VAT
Result: