What Is Sumproduct Formula

• What Is Sumproduct Formula
• What Is The Use Of Sumproduct Formula In Excel
• What Is The Purpose Of Sumproduct Formula
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What Is Sumproduct Formula

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SUMPRODUCT Function In Excel 5 Easy Examples

The SUMPRODUCT function multiplies arrays together and returns the sum of products If only one array is supplied SUMPRODUCT will simply sum the items in the array Up to 30 ranges or arrays can be supplied When you first encounter SUMPRODUCT it may seem boring complex and even pointless As a financial analyst, SUMPRODUCT is a very handy function, as it can handle arrays in different ways and help in comparing data in two or more than two ranges. It also helps in calculating data with multiple criteria. Sumproduct Formula =SUMPRODUCT (array1, [array2], [array3],…) The SUMPRODUCT function uses the following arguments:

Excel Sumproduct Function Tutorial With Multiple Criteria YouTube

What Is Sumproduct FormulaTechnically, the SUMPRODUCT function in Excel multiplies the numbers in the specified arrays, and returns the sum of those products. The syntax of the SUMPRODUCT function is simple and straightforward: SUMPRODUCT (array1, [array2], [array3], …) 1 For example the SUMPRODUCT function below calculates the total amount spent Explanation the SUMPRODUCT function performs this calculation 2 1000 4 250 4 100 2 50 3500 2 The ranges must have the same dimensions or Excel will display the VALUE error 3

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