# Lookup lowest value

Working from the inside out, the MIN function is used to find the lowest bid in the range C5:C9:

MIN(C5:C9) // returns 99500

The result, 99500, is fed into the MATCH function as the lookup value:

MATCH(99500,C5:C9,0) // returns 4

Match then returns the location of this value in the range, 4, which goes into INDEX as the row number along with B5:B9 as the array:

=INDEX(B5:B9, 4) // returns Cymbal

The INDEX function then returns the value at that position: Cymbal.

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