Excel IF Function
Summary
The IF function can perform a logical test and return one value subject to TRUE and FALSE value placed by you.
IF function is one of the most popular functions in Excel, and it allows you to make logical comparisons between a value and whatever you want. For example, to avail incentive, branch should do more than 5 crores sell in a month:
=IF(B2>5,"Eligible","Not Eligible")
So, IF function provided two results. First for your TRUE comparison and Second for FALSE comparison as an example given above.
Open this video to understand IF function with different data:
Above Youtube video link: https://www.youtube.com/watch?v=CQzsydfB_EE
Purpose
IF is
a conditional function, who helps us to find out a result on the basis of
conditions entered by you.
Translation
=IF(B2>5,"Eligibile","Not
Eligible")
If in the above formula value in “B2” is greater than 5, the return value is
Eligible. Otherwise, Not Eligible.
Above Illustration providing text results and now we are going to return a mathematical
result as image caption below.
In this function, if a value in “C2” is equal to Eligible, the branch will get 10% incentive for the sale amount (B2*10%). Otherwise, zero.
To make it easy, open excel file via CLICK HERE and download.
Function Return Value
The value entered by you for TRUE or FALSE.
Arguments
value_if_true -
The return value, when logical_test evaluates to TRUE.
value_if_false -
The return value, when logical_test evaluates to FALSE.
Functions Used
|
Evaluation Operator |
Meaning |
|
= |
Equal To |
|
> |
Greater Than (Angel Bracket) |
|
“ |
Double Quote |
Common Difficulties:
|
ERROR |
Meaning of Error |
|
#NAME? in cell |
This usually means that the formula is misspelled. |
Note: If you are going to use
text in any function/formula, always wrap the text in double quotes (e.g. “Eligible”,
“Not Eligible” as used above or “Done” etc.).


I was looking for an logical function since long and many peoples were tried to teach me, I also have tried to practice but failed every time...but after this article I understood the meaning of the function and now i am doing it easily...
ReplyDeleteThanks A lot...
Hi,
ReplyDeleteThanks for this article and youtube video.
Hindi video with this article briefed everything and language also is so easy. Hope you will help with more excel functions.