Excel is a powerhouse of functions and formulas, each serving a specific purpose to help you perform complex tasks efficiently. Among these functions, MROUND stands out as a valuable tool for achieving precision in calculations. Let’s explore how to use the MROUND function in Excel and go through some practical examples.

What Is the MROUND Function in Excel?

The MROUND function in Excel is used for rounding numbers to the nearest multiple of a specified value. Its syntax is straightforward:

Examples Using Excel’s MROUND Function

Let’s see the MROUND function in action to demonstrate how you can use it in Excel.

1. Rounding to the Nearest Integer

Suppose you have a list of students' test scores with decimal values, and you want to round each score to the nearest whole number. You can use the MROUND function to achieve this quickly:

This formula will remove the decimal part of the number inA2and round it to the nearest whole number.

Example using MROUND to round values to the nearest integer

2. Rounding to the Nearest Multiple

Let’s say you have a list of prices in column A, and you want to round each price to the nearest multiple of $5. The MROUND formula below achieves this:

This will round the value in cellA2to the nearest multiple of 5. You can apply the formula to other cells in column B using theseExcel autofill tricks.

Rounding values to a specified multiple using MROUND

3. Rounding Time Values

For datasets containing time, rounding them to the nearest 15-minute block can be achieved with:

Here,“0:15"is the multiple to which you want to round the time value. In this case,0:15represents 15 minutes, indicating that you want to round the time to the nearest 15-minute increment or interval.

Rounding time values using MROUND in Excel

4. Rounding Negative Numbers

The MROUND function can also handle negative numbers. To round a negative number to the nearest multiple, use a negative value for the multiple argument. Here’s an example:

This will round the negative number in cellA2to the nearest multiple of-2.

Rounding negative numbers using Excel’s MROUND

How to Use MROUND With Other Excel Functions

Excel functions show their true power when combined with other functions, and MROUND is no exception. Here are some examples of how to use MROUND with other functions:

1. Using MROUND With SUM

Suppose you have a list of purchase amounts in column A, and you want to calculate the sum of these amounts, rounded to the nearest $100. you may useExcel’s SUM functionwith MROUND to do this:

This calculates the sum of the range of values and then rounds the result to the nearest multiple of 100.

Rounding the sum of a range of values using MROUND with SUM

2. Using MROUND With IF

Suppose you have a list of exam scores in column A, and you want to round scores greater than or equal to 60 to the nearest 10. you’re able to use the IF function with MROUND as follows:

This formula checks if the score in cellA2is greater than or equal to60. If it is, it rounds the score to the nearest multiple of10using MROUND; otherwise, it leaves the score unchanged.

By combining MROUND with other functions, you can tailor your calculations to meet specific requirements, ensuring precision in your results.

Get Precise Calculations With Excel’s MROUND Function

MROUND is a vital cog in Excel’s arsenal for rounding numbers to specific multiples. Whether you are working with financial data, measurements, or any other numerical information, the MROUND function streamlines the process, saves time, and minimizes errors.

By understanding the function’s syntax and the examples provided in this article, you’re able to effectively incorporate the MROUND function in your Excel spreadsheets.