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.
Floor and ceiling functions excel.
Refer to the following file for the formulas of the above discussion.
If the number is already an exact multiple no rounding occurs and the original number is returned.
The excel ceiling function works based on the rounding rules similar to floor s except that it generally rounds up away from 0.
The ceiling and floor functions in excel are somewhat complimentary to the mod function.
The excel floor function rounds a number down to a given multiple.
Here is what excel says about each.
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.
Unlike roundup or rounddown excel s floor and ceiling functions can round the decimal places of a value to be divisible by a.
How do the floor and ceiling functions work.
Floor function in excel always rounds the value down towards zero and always returns a numeric value.
This is how ceiling function can be used to round up a value to the multiple of a number.
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.