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excel round to nearest 5 cents

by Bill Considine Published 4 years ago Updated 2 years ago

To round to the closest 5 cents you can use the MROUND function. =MROUND (A1,0.05) The second argument in the function is the value to round to. Interestingly you can also use the ROUND function to round to a specific value. The following formula will also round to the nearest 5 cents. =ROUND (A1/0.05,0)*0.05.

Round to nearest 5
  1. To round a number down to nearest 5: =FLOOR(A2, 5)
  2. To round a number up to nearest 5: =CEILING(A2, 5)
  3. To round a number up or down to nearest 5: =MROUND(A2, 5)
06-Aug-2015

Full Answer

How do you round to the nearest hundred in Excel?

Round numbers to nearest hundred / thousand / million with formulas. In Excel, the ROUND function can help you to deal with this problem, please do as follows: 1. To round the numbers to nearest thousand, please enter this formula: =ROUND (A2,-3) into a blank cell adjacent to your data, see screenshot: 2. Then drag the fill handle down to the ...

How do you round to the nearest dollar in Excel?

  • Positive numbers will affect the digits at the right of the decimal. ...
  • Zero will ask the Excel to shed of all the decimal numbers and round the number to nearest whole number
  • Negative numbers on the other hand will affect the numbers at the left of the decimal. ...

How do you round to the nearest five in Excel?

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How to round to the nearest tenth, hundredth with Excel?

  • Digits before the decimal point are integers and digits after the decimal point are decimals.
  • To round up to the nearest 10 in decimals, we’ll write 1 in decimal column.
  • We’ll write 2 in decimal column to round up to nearest 100 in decimals.

Other multiples

As you'd expect, you can use MROUND to round to other multiples as well:

Force up or down

You can use the CEILING function to force rounding up to the nearest multiple and the FLOOR function to force rounding down to the nearest multiple.

Round to Nearest 5

To round to the nearest 5, you can simply use the MROUND Function with multiple = 5.

Round Up to Nearest 5

To round up to the nearest 5, use the CEILING Function with multiple = 5.

Round Down to Nearest 5

To round down to the nearest 5, use the FLOOR Function with multiple = 5.

Round, Round Up, or Round Down to Nearest 5 or .5 in Google Sheets

All of the above examples work exactly the same in Google Sheets as in Excel.

What does rounding down 22 to the nearest 5 mean?

Similarly, rounding down the number 22 to the nearest 5 also means approximating it to the lower bound 20, because that is the nearest multiple of 5 that is less than 22.

What does it mean when you round to the nearest 5?

When we say we are rounding a value to the nearest 5 or nearest 10, we mean that we are approximating the value to a multiple of 5. Rounding is usually done depending on which multiple of 5 or 10 is closest to the given value.

What is the function that rounds to the nearest multiple of 5 or 10?

While the MROUND function rounds to the nearest multiple of 5 or 10 (or whatever value you specify as the second argument), depending on whether the value is closer to the lower bound or upper bound, the FLOOR function always rounds the value down.

What does CEILING mean in math?

The CEILING function always rounds the value up . This means it always rounds the value to the nearest multiple of 5 that is higher than the given value.

When rounding a value down to the nearest 5?

When we say we are rounding a value down to the nearest 5, we mean that we are approximating the value to the multiple of 5 that is nearest to but lower than the given value.

What is the closest multiple to 24?

So, if we have a number 24, we have the option to round it to 5 to either 20 (the lower bound) or 25 (the upper bound ), since these are the two multiples of 5 that are the closest to the number 24.

How to round to the nearest 5?

So if you want to round a number to the nearest 5, simply specify 5 as the second parameter.

What is the round function?

The ROUND Function can round a currency value to the nearest dollar using standard rounding rules (anything below $0.50 rounds down, otherwise rounds up).

What is the function of roundup?

The ROUNDUP Function will round up to the nearest dollar.

How to round to the nearest multiple of 5 in Excel?

Round to the Nearest Multiple of 5 in Excel. To round to the nearest 5 in Excel, you can use the MROUND function. Suppose you have a dataset as shown below where you want to round the estimated number of hours to the nearest 5. This would mean that 161 should become 160 and 163 would become 165.

What is the result of a decimal being less than 2.5?

Keep in mind that this doesn’t necessarily round to the higher or lower number. The result would depend on the value. In this example, if the decimal part in the value is less than 2.5, it becomes 0 and if it is more than or equal to 2.5, then it becomes 5.

What would be 161 and 163?

This would mean that 161 should become 160 and 163 would become 165.

How many shares can you buy in a batch of 5?

Similarly, if you’re buying stocks that are sold in a batch of 5, and you can afford a maximum of 123 shares only, you need to round it down to 120 (i.e., the lower multiple of 5).

What is CEILING.MATH function?

CEILING.MATH function takes the number and rounds it up to the specified multiple to which you want to round up.

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