The multiple to use for rounding is provided as the significance argument.
Floor and ceiling functions excel.
Mod returns a remainder after a number is divided by a divisor mod number divisor ceiling rounds a number up to the nearest multiple of significance ceiling number significance.
Refer to the following file for the formulas of the above discussion.
Floor function in excel always rounds the value down towards zero and always returns a numeric value.
Unlike roundup or rounddown function in excel floor and ceiling functions will round the decimal places of a value to be divisible by a number you specify.
The excel ceiling function works based on the rounding rules similar to floor s except that it generally rounds up away from 0.
If both the number and significance arguments are positive the number is rounded up as in rows 2 and 10 in the screenshot below.
Floor number significance ceiling number significance where the number is your starting point and the significance is the multiple you want your number rounded down to for floor or up to for ceiling.
The excel floor function rounds a number down to a given multiple.
The ceiling and floor functions in excel are somewhat complimentary to the mod function.
Floor in excel is in the list of the basic rounding functions in excel though it works in a similar manner like mround function in excel the only difference is that it always pushes down the number to the nearest multiple of the significance.
This is how ceiling function can be used to round up a value to the multiple of a number.
If the number is already an exact multiple no rounding occurs and the original number is returned.