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M1 T2 Understanding Excel Formatting and Conditions Exercise Updated
M1 T2 Understanding Excel Formatting and Conditions Exercise Updated
1 350
2 400
3 300
4 250
5 450
6 400
7 500
8 600
9 400
10 450
11 650
12 550
Using 'If' function, indicate months that have more than 500 units sold
Students Maths
A 30
B 35
C 45
D 65
E 55
Students Maths
C ---> apply Vlookup here
Month Units sold Price per unit Revenue
1 350 45 15,750
2 400 40 16,000
3 300 50 15,000
4 250 60 15,000
5 450 35 15,750
6 400 40 16,000
7 500 50 25,000
8 600 25 15,000
9 400 45 18,000
10 450 65 29,250
11 650 55 35,750
12 550 45 24,750
Total 241,250
If total revenue has to increase to Rs 3,00,000 at what price month 12 units be sold? Use 'goal seek' functi
nits be sold? Use 'goal seek' function
Exercise 1
Step 1 – Select cells D3 to make it active.
Step 2 – Write the formula =IF(C3>500,"True","False")
Step 3 – Using Auto fill, drag the formula from D4:D14
Step 4 – Refer to the months that have “True” as output in Column D. (month 8, 11, 12)
Exercise 2
Step 1 – Click on cell ‘C12’ to make it active.
Step 2 – Write the formula =VLOOKUP(B12,B3:C7,2)
Step 3 –click enter and voilà the answer (45) is the number appearing in the C12 cell.
Exercise 3
Step 1 – Go to ‘Data’ tab and then ‘what if’. Click on ‘goal seek’
Step 2 – Set cell as E15, value as 300000 (comma will not appear) and changing cell as D14.
Step 3 – click enter and voilà the answer is 152 i.e. price in month 12 to achieve revenue as Rs 3,00,000.
g cell as D14.
revenue as Rs 3,00,000.