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ROUNDUP and ROUNDDOWN with a Twist

You are here: Home / Excel Formulas / ROUNDUP and ROUNDDOWN with a Twist
ROUNDUP and ROUNDDOWN with a Twist
January 18, 2012 by Mynda Treacy

Last week I had a question from Dan that I’d never come across before.

Dan has a dress shop with over 2000 dresses and he wanted a formula that would round prices up (in whole dollars) if it ended between 5 and 9, or down if it ended between 0 and 4.

For example: $143 would round down to $139, and $147 would round up to $149.

Now, the problem is that the ROUNDUP and ROUNDDOWN functions will do one or the other, so this is where ROUND is ideal.

=ROUND(147,-1)-1
=149

Why Minus 1 – Well, the -1 in

=ROUND(147,-1)

will give you $150, but we want $149 so we need to minus 1 from the rounded result.

ROUNDUP and ROUNDDOWN

If we always wanted to ROUNDUP or ROUNDDOWN then we could use these functions instead.

=ROUNDUP(147,-1)-1
=149

And

=ROUNDDOWN(147,-1)-1
=139
ROUNDUP and ROUNDDOWN with a Twist

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mynda treacy microsoft mvpHi, I'm Mynda Treacy and I run MOTH with my husband, Phil. Through our blog, webinars, YouTube channel and courses we hope we can help you learn Excel, Power Pivot and DAX, Power Query, Power BI, and Excel Dashboards.

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