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You can see that the same function (SUM) is repeated three times in the calculation. The first results column uses a simple IF statement: = IF ( SUM ( C2 : D2 ) > 5, SUM ( C2 : D2 ) * 10, SUM ( C2 : D2 ) * 5 ) If the number of cars sold is greater than five, then the sum is multiplied by a factor of ten. In this example, we add the number of cars sold for each make. The LET function is more useful when you have a more complex formula with multiple nested functions. When you want to use more than one name value pair with the LET function: = LET (X, 1 ,Y, 2 ,X +Y ) The next part of the formula uses this value and adds “1” with the SUM function.
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Here, we set up NAME as the variable which holds the value of 100. This is always the final parameter, and it can use any combination of the names defined in the LET function.įor instance, when you use one name-value pair with the LET function: = LET (NAME, 100, SUM (NAME, 1 ) ) Calculation: The calculation the function performs with the names and values.Value1: The value assigned to the 1st name.Microsoft Excel defines it as a Text function with this syntax: LET (Name1 , Value1, , , Calculation ) Do note that the LET function may not be available to you yet if you are not a Microsoft 365 subscriber. The function was gradually rolled out from July 2020.
New functions in excel 2016 windows#
The LET function is available in Excel for Microsoft 365 for Windows and Mac, and Excel for the web.