How to find the lowest value? [Quick tip]

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Lets say you are the head of purchasing department at Big Corp Co.

You are obviously very busy. Every day starting with a large cup of coffee and ends with a big smile, as you save your company thousands of $s by negotiating best deals, finding best providers and being awesome.

Today, let me share a small Excel tip with you that will make you even more awesome.

Finding a provider with lowest value:

Lets say you are looking at a table like below and want to find-out lowest priced providers for each service.

Finding provider with lowest value - using Excel formulas

To find providers with lowest value:

  1. Find the least amount for each service. Assuming the services are in the range C5:G5, use =MIN(C5:G5) to get this.
  2. Give a name to list of providers. I call mine as providers
  3. Using INDEX, MATCH formulas find the provider name with lowest amount. Like this:
    =INDEX(providers, MATCH(minimum_value, C5:G5, 0))
  4. Bingo. You have the answer.

Bonus tip #1: Highlighting lowest values.

If you just want to highlight the lowest values, use conditional formatting.

  1. Select first row of numbers.
  2. Go to Home > Conditional Formatting > Top / Bottom rules > Bottom 10 items
  3. Set to Bottom 1 and specify formatting as you want.
  4. Using format painter, copy the conditional formatting, one row at a time.
  5. Done!

Highlighting lowest value using conditional formatting

Bonus tip #2: Handling Ties

Often 2 or more providers will tie for the bottom spot. What then?

One way to handle the ties is to show the word ties when 2 or more names have lowest value. To do this, use this formula instead.

=IF(COUNTIF(C5:G5, minimum_value)>1,"Ties", INDEX(providers,MATCH(minimum_value,C5:G5,0)))

A formula challenge for you…

Now that you know how to find the lowest value, here is a challenge for you.

  • How do you write a formula to find which provider has maximum lowest values. In this example, the name we are looking for is TATA as they have 3 lowest values.

Want to find more… look here:

If you want to find more Excel formula tips and techniques, look no further. Start your journey with this and see how deep your formulas can nest.

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11 Responses to “Fix Incorrect Percentages with this Paste-Special Trick”

  1. Martin says:

    I've just taught yesterday to a colleague of mine how to convert amounts in local currency into another by pasting special the ROE.

    great thing to know !!!

  2. Tony Rose says:

    Chandoo - this is such a great trick and helps save time. If you don't use this shortcut, you have to take can create a formula where =(ref cell /100), copy that all the way down, covert it to a percentage and then copy/paste values to the original column. This does it all much faster. Nice job!

  3. Jody Gates says:

    I was just asking peers yesterday if anyone know if an easy way to do this, I've been editing each cell and adding a % manually vs setting the cell to Percentage for months and just finally reached my wits end. What perfect timing! Thanks, great tip!

  4. Jon S says:

    If it's just appearance you care about, another alternative is to use this custom number format:
    0"%"

    By adding the percent sign in quotes, it gets treated as text and won't do what you warned about here: "You can not just format the cells to % format either, excel shows 23 as 2300% then."

    • Steven Peters says:

      Dear Jon S. You are the reason I love the internet. 3 year old comments making my life easier.

      Thank you.

  5. Jon Peltier says:

    Here is a quicker protocol.

    Enter 10000% into the extra cell, copy this cell, select the range you need to convert to percentages, and use paste special > divide. Since the Paste > All option is selected, it not only divides by 10000% (i.e. 100), it also applies the % format to the cells being pasted on.

  6. Chandoo says:

    @Martin: That is another very good use of Divide / Multiply operations.

    @Tony, @Jody: Thank you 🙂

    @Jon S: Good one...

    @Jon... now why didnt I think of that.. Excellent

  7. sajith says:

    Thank You so much. it is really helped me.

  8. Winnie says:

    Big help...Thanks

  9. Chris Fry says:

    Thanks. That really saved me a lot of time!

  10. Texas says:

    Is Show Formulas is turned on in the Formula Ribbon, it will stay in decimal form until that is turned off. Drove me batty for an hour until I just figured it out.

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