## What Is MROUND Function In Excel?

The

MROUNDfunction in Excel is an inbuiltMath & Trigfunction that returns a number rounded to a multiple specified by the user. Users can use the functionMROUNDin Excel to remove the least significant digits in a number. Thus, it helps make the number appear more presentable while remaining close to the value in the source data.For example, the following table contains a list of numbers and the multiples to which we require to round them.

And suppose we need to display the results in column C cells, C2:C7. Then we can achieve the required outcome **using MROUND in Excel**.

The above **MROUND in Excel example** shows each number gets rounded up or down, depending on the nearest multiple. And the resulting rounded numbers appear more readable than column A numbers. Thus, **MROUND **in Excel indeed makes the numbers easier to read.

##### Table of contents

###### Key Takeaways

- The function
**MROUND**in Excel returns a numeric value rounded to a specified multiple. Thus, users can use it to remove the least significant digits from numbers, such as currencies, making them easier to read while being close to the source data. - The
**MROUND()**accepts two mandatory arguments,**number**and**multiple**, as input. - The function
**MROUND()**rounds up the supplied number if the remainder of dividing it by the given multiple is equal to or more than half the multiple. Otherwise, it rounds down the given numeric value.

### MROUND() Excel Formula

The syntax for **MROUND formula in Excel syntax **is:

where,

**number**: The value we require to round.**multiple**: The multiple to which we require to round the specified**number**.

The above two arguments in the **MROUND formula in Excel **are mandatory. While we can directly enter the two arguments as numbers, we can supply them as Excel cell references to the specific numbers, as depicted in the previous section.

**Please Note: **If we require to round a time value to the nearest time multiple, say minutes, provide the argument **multiple **to the **MROUND() **as a time value in double quotations.

Below are a few critical aspects of **MROUND **in Excel we must consider to avoid potential errors.

- Both the arguments,
**number**and**multiple**, should be numeric values. Otherwise, the**MROUND()**returns the**#NAME?**error. - The two arguments,
**number**and**multiple**should be of the same sign. Otherwise, the**MROUND in Excel return value**will be the**#NUM!**error. - Suppose the remainder we get from dividing the given number by the specified multiple is equal to or more than half the multiple. Then the function
**MROUND**in Excel rounds up the given number to the nearest multiple. Otherwise, the number gets rounded down to the nearest multiple.

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### How to Use MROUND Excel Function?

The steps to use **MROUND()** are:

- First, ensure the source data contains numeric values.
- Then select the target cell and enter the function
**MROUND**in Excel. Ensure the arguments we supply are of the same sign. - Finally, press
**Enter**to view the required outcome.

Below is an **MROUND example** to explain the above steps.

Suppose the table below shows ten consecutive numbers, and we must round them to the nearest multiple of **5**.

Then, **using** **MROUND in Excel**, we can populate column C with the desired rounded numbers.

**Select the target cell C2, enter the following MROUND(), and press Enter.****=MROUND(A2,5)**

Alternatively, we can select the target cell C2 and click**Formulas**→**Math & Trig**→**MROUND**to open the**Function Arguments**window.

Enter the two argument values in the**Function Arguments**window.

And once we click**OK**, we can see the result**0**in the target cell C2.**Drag the fill handle downwards to copy the formula in cell range C3:C11.**

In this example, the first argument in the**MROUND()**,**number**, is a cell reference to the original number. On the other hand, we provide the second argument directly as a numeric value to the**MROUND()**.

We can also enter the arguments as depicted below. Let us consider the formula in the target cell C11.**=MROUND(10,5)**or**=MROUND(A11,B2)**

The**MROUND in Excel return value**will be the same in each case,**10**.

### Examples

Below are a few more examples to effectively understand the function **MROUND **in Excel.

#### Example #1

Assume we have a list of fruits and their required quantities.

Also, the table includes the data regarding the available stock per unit.

Suppose we require to round the quantities to the multiples of the stock per unit values so that placing their orders will be more straightforward. Then, we can apply the function **MROUND **in the target cells in column D to get the required rounded quantities.

**Step 1:**Select the target cell D2, enter the**MROUND()**provided in the Formula Bar in the below image, and press**Enter**.

**Step 2:**Drag the fill handle downwards to copy the formula for**MROUND**in Excel in cells D3:D6.

While the **MROUND() **rounded up the quantity values for the fruits in cells A2:A4, it rounded down the quantity values for **Pear **and **Mango**.

The reason is that, for instance, the nearest multiples of **20** to **148 **are **140** and **160 **in the case of **Mango**. And between the two, **140** is closest to **148**. Also, the remainder of dividing **148 **by **20 **is **1**, which is lower than half of **20**. Thus, it gets rounded down.

So, now we can place the order for each fruit as an integer or multiple of the unit, making the process less complicated.

#### Example #2

Let us see how the function **MROUND **in Excel behaves when the supplied arguments are decimal values.

Consider the below table. It contains a list of office stationery items and their prices.

Suppose we need to round the price values to the specified multiples and display the output in the target cell range D2:D6. Then we can apply the function **MROUND **to the target cells in the following way.

**Step 1:**Select the target cell D2, enter the**MROUND()**provided in the Formula Bar in the below image, and press**Enter**.

**Step 2:**Drag the fill handle downwards to copy the formula in cell range D3:D6.

Thus, now the rounded price value of each item is more presentable.

#### Example #3

This example shows how the function **MROUND **works while rounding time values.

Assume the following table shows a list of time values, and we require to round them to 15 minutes and 1 hour.

**Please Note: **The cell range A2:C6 have the data format set as **Custom**, **h:mm:ss AM/PM** in the **Home** tab. We can click **Number Format **→ **More Number Formats** in the **Home** tab to open the **Format Cells** window.

Then, in the **Format Cells** window, go to the **Number** tab, click **Custom** and pick the required time format.

We can use the function **MROUND **in Excel to populate the required data in the target columns B and C.

**Step 1:**Select the target cell B2, enter the following**MROUND()**, and press**Enter**.

**=MROUND(A2,”0:15″)**

**Step 2:**Drag the fill handle downwards to copy the formula in the range B3:B6.

**Step 3:**Select the target cell C2, enter the following**MROUND()**, and press**Enter**.

**=MROUND(A2,”1:00″)**

**Step 4:**Drag the fill handle downwards to copy the formula for**MROUND**in Excel in cells C3:C6.

Thus, the **MROUND()** rounds the time values to the nearest multiples of 15 minutes and 1 hour, applying the same logic as explained in the previous examples.

### Important Things to Note

- Ensure we supply numeric values or cell references to numeric values as arguments to the
**MROUND()**. Otherwise, the function output will be the**#NAME?**error. - Ensure the two arguments have the same sign to avoid the function
**MROUND**returning the**#NUM!**error. - While rounding a time value using the
**MROUND()**to the nearest time multiple, such as minutes, provide the argument**multiple**as a time value in double quotations. - The
**MROUND()**can round up or down positive and negative integers, decimal values, and time values.

### Frequently Asked Questions (FAQs)

**1. Where is the MROUND function in Excel?**

The **MROUND **function in Excel is in the **Formulas** tab. Click **Formulas** → **Math & Trig **→ **MROUND** to access it.

**2. Does MROUND in Excel round up or down?**

The **MROUND **in Excel rounds up or down the given number depending on the nearest multiple.

If the remainder of dividing the given number by the specified multiple is equal to or more than half of the multiple, the function rounds up the number away from 0. Otherwise, it rounds down the specified number.

**3. When to use MROUND in Excel?**

We can use **MROUND **in Excel when removing the least significant digits from numeric values, such as currencies and time values, to make them more presentable.

And we can use the function when we require a number rounded to a specific multiple.

**4. How do you do MROUND in Excel with negative numbers?**

We can do **MROUND **in Excel with negative numbers in the following way. Let us see the steps with an example.

Suppose the table below contains negative temperature values in column A and we have to round them up to the negative multiples specified in column B.

We can apply the **MROUND() **in the target cell range C2:C8 to achieve the required rounded negative temperature values. And the steps are:**• Step 1: **Select the target cell C2, enter the **MROUND()** provided in the Formula Bar in the below image, and press **Enter**.**• Step 2: **Drag the fill handle downwards to copy the formula in cell range C3:C8.

Thus, we can use the **MROUND()** with negative numbers. The only condition is that both the arguments we provide to the function should be negative.

### Download Template

This article must be helpful to understand the **MROUND in Excel**, with its formula and examples. You can download the template here to use it instantly.

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This has been a guide to MROUND In Excel. Here we learn to use the MROUND() formula with step-by-step examples and a downloadable excel template. You can learn more from the following articles –

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