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Excel FLOOR Function

Excel FLOOR function
Summary 

The Excel FLOOR function rounds a given number down to the nearest specified multiple. FLOOR works like the MROUND function, but FLOOR always rounds down.

Purpose 
Round a number down to the nearest specified multiple
Return value 
A rounded number.
Syntax 
=FLOOR (number, multiple)
Arguments 
  • number - The number that should be rounded.
  • multiple - The multiple to use when rounding.
Usage notes 
  • FLOOR works like the MROUND function, but FLOOR always rounds down.
  • With a positive number, the value is rounded down toward zero.
  • With a negative number, the value is rounded down away from zero.
  • The FLOOR function can be a good way to can be a good way to set pricing after currency conversion, discounts, etc.

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