# Top 30 Excel Formulas You Should Know in 2023 – Beginner to Advanced

Excel Formulas: Microsoft Excel is a powerful data management and analysis tool. It offers a vast array of features, including formulas, which can make data manipulation and analysis much easier. In this article, we will discuss the top 50 formulas in Excel that you should know.

## SUM

To use the SUM formula, select the cells you want to add together and enter the formula “=SUM(A1:A5)” (without the quotes) in the cell where you want the result to appear.

## AVERAGE

Select the cells you want to calculate the average of and enter the formula “=AVERAGE(A1:A5)” (without the quotes) in the cell where you want the result to appear.

### MAX

Select the cells you want to find the highest value of and enter the formula “=MAX(A1:A5)” (without the quotes) in the cell where you want the result to appear.

### MIN

Select the cells you want to find the lowest value of and enter the formula “=MIN(A1:A5)” (without the quotes) in the cell where you want the result to appear.

### VLOOKUP

To use the VLOOKUP formula, enter the formula “=VLOOKUP(lookup_value,table_array,col_index_num,range_lookup)” (without the quotes) in the cell where you want the result to appear.

### HLOOKUP

To use the HLOOKUP formula, enter the formula “=HLOOKUP(lookup_value,table_array,row_index_num,range_lookup)” (without the quotes) in the cell where you want the result to appear.

#### COUNT

To use the COUNT formula, enter the formula “=COUNT(cell1:cell2)” (without the quotes) in the cell where you want the result to appear.

#### COUNTA

To use the COUNTA formula, enter the formula “=COUNTA(cell1:cell2)” (without the quotes) in the cell where you want the result to appear.

#### COUNTIF

To use the COUNTIF formula, enter the formula “=COUNTIF(range,criteria)” (without the quotes) in the cell where you want the result to appear. Replace “range” with the range of cells you want to count and “criteria” with the condition you want to apply.

#### SUMIF

To use the SUMIF formula, enter the formula “=SUMIF(range,criteria,sum_range)” (without the quotes) in the cell where you want the result to appear. Replace “range” with the range of cells you want to evaluate, “criteria” with the condition you want to apply, and “sum_range” with the range of cells you want to add together.

#### IF

To use the IF formula, enter the formula “=IF(condition,value_if_true,value_if_false)” (without the quotes) in the cell where you want the result to appear.

#### AND

The AND formula is used to test whether all of the conditions in a set are true. To use the AND formula, enter the formula “=AND(condition1,condition2,…)” (without the quotes) in the cell where you want the result to appear. Replace “condition1”, “condition2”, etc. with the logical tests you want to perform.

#### OR

To use the OR formula, enter the formula “=OR(condition1,condition2,…)” (without the quotes) in the cell where you want the result to appear. Replace “condition1”, “condition2”, etc. with the logical tests you want to perform.

#### NOT

The NOT formula is used to reverse the result of a logical test. To use the NOT formula, enter the formula “=NOT(condition)” (without the quotes) in the cell where you want the result to appear. Replace “condition” with the logical test you want to reverse.

#### CONCATENATE

The CONCATENATE formula is used to combine two or more text strings into one string. To use the CONCATENATE formula, enter the formula “=CONCATENATE(text1,text2,…)” (without the quotes) in the cell where you want the result to appear. Replace “text1”, “text2”, etc. with the text strings you want to combine.

#### LEFT

The LEFT formula is used to extract a specified number of characters from the beginning of a text string. To use the LEFT formula, enter the formula “=LEFT(text,num_chars)” (without the quotes) in the cell where you want the result to appear.

The RIGHT formula is used to extract a specified number of characters from the end of a text string. To use the RIGHT formula, enter the formula “=RIGHT(text,num_chars)” (without the quotes) in the cell where you want the result to appear.

#### MID

The MID formula is used to extract a specified number of characters from the middle of a text string. To use the MID formula, enter the formula “=MID(text,start_num,num_chars)” (without the quotes) in the cell where you want the result to appear.

#### TRIM

To use the TRIM formula, enter the formula “=TRIM(text)” (without the quotes) in the cell where you want the result to appear. Replace “text” with the text string you want to remove spaces from.

#### PROPER

The PROPER formula is used to convert a text string to proper case, where the first letter of each word is capitalized. To use the PROPER formula, enter the formula “=PROPER(text)” (without the quotes) in the cell where you want the result to appear. Replace “text” with the text string you want to convert.

#### UPPER

The UPPER formula is used to convert a text string to uppercase. To use the UPPER formula, enter the formula “=UPPER(text)” (without the quotes) in the cell where you want the result to appear. Replace “text” with the text string you want to convert.

#### LOWER

The LOWER formula is used to convert a text string to lowercase. To use the LOWER formula, enter the formula “=LOWER(text)” (without the quotes) in the cell where you want the result to appear. Replace “text” with the text string you want to convert.

#### LEN

The LEN formula is used to count the number of characters in a text string. To use the LEN formula, enter the formula “=LEN(text)” (without the quotes) in the cell where you want the result to appear. Replace “text” with the text string you want to count the characters of.

#### SUBSTITUTE

The SUBSTITUTE formula is used to replace a specified text string within a larger text string. To use the SUBSTITUTE formula, enter the formula “=SUBSTITUTE(text,old_text,new_text,instance_num)” (without the quotes) in the cell where you want the result to appear.

#### DATE

To use the DATE formula, enter the formula “=DATE(year,month,day)” (without the quotes) in the cell where you want the result to appear. Replace “year”, “month”, and “day” with the corresponding values for the date you want to create.

#### TODAY

To use the TODAY formula, simply enter the formula “=TODAY()” (without the quotes) in the cell where you want the result to appear.

#### NOW

To use the NOW formula, simply enter the formula “=NOW()” (without the quotes) in the cell where you want the result to appear.

#### ROUND

To use the ROUND formula, enter the formula “=ROUND(number,num_digits)” (without the quotes) in the cell where you want the result to appear.

#### ROUNDUP

To use the ROUNDUP formula, enter the formula “=ROUNDUP(number,num_digits)” (without the quotes) in the cell where you want the result to appear.

#### ROUNDDOWN

To use the ROUNDDOWN formula, enter the formula “=ROUNDDOWN(number,num_digits)” (without the quotes) in the cell where you want the result to appear.

##### Conclusion

Excel is a powerful tool that can help you manipulate and analyze large amounts of data quickly and easily. By mastering the top 50 formulas in Excel, you can streamline your workflow and increase your productivity. From basic arithmetic operations to advanced statistical analysis, Excel has a formula for just about everything.

##### FAQ Questions about Excel Formulas:

###### How many formulas are in Excel?

Excel has hundreds of built-in formulas that you can use to perform calculations, analyze data, and solve problems.

###### How to use Excel formulas?

To use Excel formulas, you first need to select the cell where you want the formula to appear. Most formulas in Excel begin with an equal sign (=).

###### Which area in an Excel window allows entering values and formulas?

The main area in an Excel window where you can enter values and formulas is the worksheet grid. This is where you can create and organize your data by entering text, numbers, and formulas into individual cells.

###### In Excel what do most formulas begin with?

Most formulas in Excel begin with an equal sign (=)

Question: What are formulas in Excel?
Answer: Formulas in Excel are expressions that perform calculations or operations on cell values or other formulas. They start with an equal sign “=” followed by a combination of operators, functions, and references to cells or ranges. Excel supports a wide range of formulas for basic arithmetic, statistics, finance, text manipulation, and more.

Question: What are the 6 basic Excel formulas?