18.2 Tips on Rounding numbers using Excel Formulas

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School Cartoon #6408 by Andertoons

We can use a variety of formulas to round numbers in Excel depending on the situation. We have ROUND, ROUNDUP, ROUNDDOWN, MROUND, INT, TRUNC, CEILING, FLOOR, FIXED, EVEN, ODD and few more. To know how to use all these formulas and how to round numbers based on any criteria, just read on.

Rounding Formulas in Excel

Before learning the tips, first lets understand various rounding formulas & what they do. Look at this:

Formula What it does?
ROUND Rounds a number to specified decimal points (or multiples of 10)
ROUNDUP Rounds up a number
ROUNDDOWN Rounds down a number
MROUND Rounds to nearest multiple of specified number
INT Rounds down to nearest integer
TRUNC Gives you only integer portion
CEILING Rounds up a number to nearest multiple of 1,10,100…
FLOOR Rounds down a number to nearest multiple of 1,10,100…
EVEN Gives next even number
ODD Gives next odd number
FIXED Rounds and converts to text format (with commas if you want)

18 Rounding Formula Tips

1. Round to 2 decimal points

Example: 1.2649 to 1.26

=ROUND(A1,2) Rounds value in A1 by 2 decimal points

2. Round up to 2 decimal points

Example: 1.2649 to 1.27

=ROUNDUP(A1,2) Roundsup value in A1 by 2 decimal points (ie away from zero)

3. Round to nearest integer

Example: 1.2649 to 1

=ROUND(A1,0) By using 0, we can round the value to nearest integer

4. Round to nearest multiple of 10

Example: 544.234 to 540

=ROUND(A1,-1) By using negative numbers, we can round the value to nearest multiple of 10, 100…

5. Round up to nearest multiple of 10

Example: 544.234 to 550

=ROUNDUP(A1,-1)

6. Round to nearest thousand

Example: 312789123 to 312789000

=ROUND(A1,-3)

7. Round to nearest million with one decimal point

Example: 312789123 to 312.8

=ROUND(A1/1000000,1) First we divide the number by million (1,000,000) and then round this to 1 decimal point.

8. Round to nearest multiple of 2

Example: 43 to 44

=MROUND(A1,2) Just like round formula, but for any multiple. So MROUND(A1,2) takes value in A1 and rounds it to nearest multiple of 2

9. Round to nearest multiple of 5

Example: 93 to 95

=MROUND(A1,5)

10. Round down to hundred

Example: 301 to 300

=FLOOR(A1,100) To round down, we can use FLOOR formula.

11. Get only the integer portion of a number

Example: -23.34 to -23

=TRUNC(A1,0) To extract only the integer portion of number, use TRUNC formula. Note: INT formula gives same result for positive numbers.

12. Round a number to 2 decimals and convert to text

Example: 312789.26921 to 312,789.27

=FIXED(A1,2,FALSE) In one shot, round and convert the number to text. Useful when you want text output.

13. Get next even number

Example: 42.1 to 44

=EVEN(A1) Gets you next EVEN number (away from zero)

14. Get next odd number

Example: 44.93 to 45

=ODD(A1)

15. Round to nearest quarter ($0.25)

Example: 19.14 to 19.25

=MROUND(A1,0.25) MROUND can be used with fractions too.

16. Round to next 9 (ie 19,29,39 etc.)

Example: 23 to 29

=ROUNDUP(A1,-1)-1 To do this, we just roundup the number to next 10 and then subtract 1 from it.

17. Round up to next 1000

Example: 124567 to 125000

=CEILING(A1,1000) Just like FLOOR, but takes you to next value.

18. Get only decimal portion of a number

Example: 23.345 to 0.345

=A1-TRUNC(A1) To get only decimal portion, subtract TRUNC value from original

Download Rounding formula example workbook

Click here to download example workbook & understand these formulas better.

What about .2 tips?

Well, those are for you to fill down. Go ahead and write formulas for both these situations & you have the .2 tips!

18.1 Waiter friendly pricing

Lets say you run a hotel where customers usually tip 15% of bill amount. Now, to make it easy, you want to price your items such that when 15% is added, the total amount becomes a round number like $1.00, $2.00 etc.

For example: If a dish’s current price is $2.50, then 15% tip on it would be $0.37. This makes the total $2.87.
If you modify the price to $2.60, with tip the total would be $3.00.

Assuming current price of a dish is in A1, what formula will give you new price?

18.2 Rounding to nearest Monday

Lets say you have some dates in a list and you want them to round to nearest Monday. Assuming you have a date in A1, what formula gives nearest Monday?

Go ahead and figure them out. Post your answers using comments.

Click here to comment.

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19 Responses to “How to Distribute Players Between Teams – Evenly”

  1. Roshan Thayyil says:

    An excellent solution, especially for large data sets.

    Another solution without using solver would be to assign the player with the highest score to Team 1, the 2nd to team 2, 3rd to team 3, 4th to team 3, 5th to team 2, 6th to team 1, 7th to team 1 and it continues. This method would end up with a Std Dev of 0.001247219. This works best with a distribution with lower Std Dev for the dataset.

    Full Disclosure: this is not my idea, remember reading something a few years ago. Think it may have been Ozgrid

    • Roshan Thayyil says:

      thinking back I now remember why I read about it. About 10 years back I had to distribute around 300 team members into 25-30 odd teams. Used this method based on their performance scores. I used the method I described to do this and the distribution was pretty fair.

      Solver would have saved me a ton of time though 🙂

  2. I think the issue with you first Solver approach was that you took the absolute value of the sum of team deviations (which should always be zero except for rounding) instead of the sum of the absolute values (which is a reasonable measure of how unbalanced the teams are).

  3. Here's another simple algorithm you could use: you start from the top (with players sorted from high to low), and at each step allocate the next player to whichever team has the smallest total so far. You can implement it dynamically with some formulas so it will update automatically when the data changes.

    If the scores were more widely distributed (so that this might end up with not all teams the same size), you could add a constraint to only pick among the teams which currently have fewest players at each step, or just stop adding to any team when it hits its quota.

    When I tried it on the sample, I got the three teams below, with a STDEV of 0.000942809 (i.e. about half of what Solver got to).

    Team 1: John, Hugo, Tom, Josh, Eric, Zane, Charles, Andrew
    Team 2: Barry, Michael, Kenny, Joe, Xavier, Patrick, Oliver, William
    Team 3: Henry, Steven, Ben, Frank, Kyle, Edward, Cameron, Lachlan

    Thanks for sharing!

    • Ishaan says:

      Hi,
      I was looking at all the solutions and this is closest to what I intended to do. I am dividing a bunch of players into 3 soccer teams. Players availability is also a factor while deciding the teams.
      So the steps the excel needs to do is as follows:
      1) In availability column if "yes" go to next
      2) Equally divide 'Goalkeepers', 'Strikers', 'Defenders' basis their quality
      So the end result gives each 3 teams a balance of players playing at different positions.
      Can this be done on Google spreadsheet with only availability as an input from the user and rest calculates by itself.
      Sorry for asking such a pointed question, but I have been struggling to find a solution for it for sometime now!

      • Robin says:

        Hi Ishaan,

        I am working on a similar problem at the moment, so I am wondering if you ever found a solution and if you are willing to share what you did.

  4. Konrad says:

    Hi everyone, this is a variation of the famous Knapsack Problem https://en.wikipedia.org/wiki/Knapsack_problem.

    I had to use a VBA implementation recently as part of a problem, where we ar trying to allocate teams of an organization into different locations (we are a large company with many different team). The goal was to optimally allocate teams to individual buildings without putting too many teams into one building and not splitting teams apart.
    As we had around 400 teams of different sizes, solver couldn't handle it anymore. Luckily there is a Knapsack algorithm implementation in VBA readily available on the internet :).

    I also went with a heuristic approach first!

  5. Joe Egan says:

    An interesting mathematical solution but what if Eric and Xavier can't stand each other or Patrick is best friends with Steven - the real life problems that effect "even" teams.

    • Hui... says:

      @Joe

      You can add more criteria like
      If Eric and Xavier can't stand each other
      =OR(AND(E15=1,E16=1),AND(F15=1,F16=1),AND(G15=1,G16=1))
      It must be False

      If Patrick is best friends with Steven
      =OR(AND(E5=1,E17=1),AND(F5=1,F17=1),AND(G5=1,G17=1))
      It must be True

      Note that the 2 formulas above are exactly the same
      except for the ranges
      One must be True = Friends
      One must be False = Not Friends

  6. Gustavo Sousa says:

    Nice post Hui!

    I download your workbook and just try to change in options the Precision Restriction from 10E-6 to 10-8 and the Convergence from 10E-4 to 10E-10. The process take almost the same time, but the results was great.

    The standard deviation I got was 0,000471.

    Team 1: John, Tom, Kenny, Frank, Eric, Xavier, Edward, Zane
    Team 2: Steven, Hugo, Ben, Joe, Josh, Oliver, Cameron, William
    Team 3: Barry, Henry, Michael, Kyle, Patrick, Charles, Andrew, Lachlan

  7. Charlie says:

    Great application of Solver! Thanks for the link!

  8. Chuck says:

    Great explanation. Well done... However, I tried with 6 teams of 4 players and solver never did finish.

  9. Akbar says:

    How about vba code for the same data set.
    I have 3 column A B C wherein A has text and B has number Wherein C is blank. And in C1 been the header C2 where I want the name to come evenly distributed the number which is in Column B.
    My Lastcolumn is 1000.

  10. HRMFT says:

    Sorry if I'm being slow here, but how is 'Team Score' calculated? I've gone through the explanation several times but it seems to just appear.

    • Hui... says:

      @Hrmft

      This process uses the Solver Excel addin

      Solver is effectively taking the model and trying different solutions until it gets a solution that meets all the criteria
      Then solver puts the solution into the cell and moves to the next cell

      So yes it appears to "just appear"

  11. Caroline says:

    Hi ! Thank you so much ! Works great 🙂

  12. Jim Cruse says:

    I cannot get the fourth Equation to work in my excel spreadsheet
    You have =($E$2:$G$25=0)+($E$2:$G$25=1)=1 as a SUMIF solution, I have, =($F$2:$H$13=0)+($F$2:$H$13=1)=1 as my solution but it does not work. The only thing I changed is the ranges. Any suggestions?
    Thank you.
    Jim

  13. Jim Cruse says:

    I cannot get the fourth Equation of TURE or FALSE statements to work in my excel spreadsheet You have =($E$2:$G$25=0)+($E$2:$G$25=1)=1 as a SUMIF solution, I have, =($F$2:$H$13=0)+($F$2:$H$13=1)=1 as my solution but it does not work. The only thing I changed is the ranges. Any suggestions?
    Sorry I left some of it out in the previous question,
    Thank you. Jim

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