Thursday, November 21

Tag: excel sumproduct

Count And Sum With Sumproduct In Excel

Count And Sum With Sumproduct In Excel

FORMULAS, Lookup & Reference, Maths
DEFINITION: The Sumproduct Function Multiplies Ranges Or Arrays Together And Returns The Sum Of Products. The main purpose of Sumproduct is to multiply the array or range and then add those value and return the sum of the particulars. To refer individually please check this post SUMPRODUCT In EXCEL. IN THIS EXAMPLE :- In this example we will count the specific search term Shoes in a range and only sum those values if they are available. To do this we will use hyphens or you can say a 2 minus sign (--) before giving the range reference. It actually convert and check the condition with true and false and return 0 for false and 1 for true. For more detail please check below step with image and video.
SUMPRODUCT In Excel

SUMPRODUCT In Excel

FORMULAS, Maths, Statistical
DEFINITION:- The Sumproduct Function Multiplies Ranges Or Arrays Together And Returns The Sum Of Products. The main purpose of Sumproduct is to multiply the array or range and then add those value and return the sum of the particulars. SYNTAX:- =SUMPRODUCT (array1, array2, ...) EXAMPLE:-Suppose You Have A Few Items In Stock As Per The Image Below. If You Want To Know How Much The Total Price According To The Quantity, You Should Use The Sumproduct Formula. Explanation: The Sumproduct Function Performs This Calculation: Quantity * Price (2 * 20000) + (3* 15000) + (5 * 12000) + (4 * 9000) + (5*500) = 183500 VALIDATION:- The Ranges Must Have The Same Dimensions Or Excel Will Display The #Value! Error. SINGLE ARRAY:- If You Supply A Single Range Exampl...