For those frequently dealing with data processing and calculation in Excel, Excel's multiplication function holds paramount importance. While one can use the * operator to multiply data, for large datasets, employing Excel's PRODUCT function ensures quicker computation. This Excel function multiplies all provided arguments and returns their product. In the following article, Mytour will introduce and guide readers through Excel's multiplication function.
Excel's multiplication function, utilizing the PRODUCT function for performing multiplication
Syntax
=PRODUCT(number1, [number2], …)
Where: number1, number2 are the numbers to be multiplied, which can be either numbers or cells in Excel, with a maximum of 255 arguments. If the argument is an array or reference, empty cells, logical values, and text values in the array will be ignored.
Example: Given the data table below, calculate the net salary for employees.
Method 1: You can use a simple formula to calculate the net salary column by formula =D7*E7 then press Enter.
Method 2: Using the PRODUCT function, with the formula =PRODUCT(D7,E7) then press Enter. This method is very effective when you need to calculate with multiple different fields.
Once you have the net salary result for the first person, now you just need to Double-click on the bottom right corner of cell F7 to copy the formula down to the remaining cells.
So instead of using the * operator to handle data multiplication, using the PRODUCT function will be efficient and help you calculate faster. Just remember the syntax and apply the function appropriately, you will quickly process and compute data more conveniently.
One of the most commonly used functions in Excel is the Vlookup function. When you need to search for a value based on a given condition in an Excel spreadsheet, the Vlookup function will come into play. So, if your spreadsheet has hundreds of rows and columns, simply use the Vlookup function to retrieve data according to the problem's conditions.
Also a conditional function, the SUMIF function supports summing based on problem conditions. Instead of randomly summing, based on numerical conditions, you will use the SUMIF function to find the most accurate result.
The Product function or the multiplication function in Excel is one of the basic Excel functions that you or anyone may need to use at times because calculation is always ongoing. Besides the multiplication function, there are many other functions such as addition, subtraction, all of which are basic Excel functions. The requirement is that if you want to excel in Excel, you must master most of the mathematical functions in this environment.