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Floor Formula



Number
Rounded Down



1.5
1
 =FLOOR(C4,1)


2.3
2
 =FLOOR(C5,1)


2.9
2
 =FLOOR(C6,1)


123
100
 =FLOOR(C7,50)


145
100
 =FLOOR(C8,50)


175
150
 =FLOOR(C9,50)






What Does It Do ?



This function rounds a value down to the nearest multiple specified by the user.





Syntax




=FLOOR(NumberToRound,SignificantValue)






Formatting



No special formatting is needed.







Example




The following table was used to calculate commission for members of a sales team.
Commission is only paid for every £1000 of sales.

The =FLOOR() function has been used to round down the Actual Sales to the
nearest 1000, which is then used as the basis for Commission.






Name
Actual Sales
Relevant Sales
Commission

Alan
£23,500
£23,000
£230

Bob
£56,890
£56,000
£560

Carol
£18,125
£18,000
£180



 =FLOOR(D29,1000)

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