If you need to round a number to a certain multiple, the MROUND function can help. The MROUND Formula takes one argument, the number that you want to round to the desired multiple.
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This function is especially useful when working with financial data or other numerical values.
In this Video, we will walk through an example of how to use the MROUND function in Excel. We will also provide a downloadable template that you can use for your own projects!
First let's understand syntax and argument of MROUND function;
MROUND(number, multiple). In this function "number" is the value which you want to round and "multiple" is
the number to which you want to round the first argument.
The MROUND function rounds a number up or down to the nearest number that is an integer multiple of another number. For example, if you want to round a number to the nearest multiple of five, you can use MROUND.
Table of Contents;
00:00 Introduction
00:30 MROUND Function in Excel
07:50 Conclusion
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