Column total is wrong

[Carolan]

I have a column of figures which is the result of multiplied column A x
Column B. Column B is a multiplier of .001665. The result is shown to two
decimal places. When I total the results in Column B, using formula
=SUM(B1:B2), it gives the result as 11.16 instead of 11.15. Can I fix this
somehow so it gives the correct total?

Example
A Formula in B Result in B
3250.00 =A1x0.001665 5.41
3450.00 =A2x0.001665 5.74
Total 11.16

 

[T. Valko]

Use rounding on the multiplier formula:

=ROUND(A1*0.001665,2)

 

[Eduardo]

Hi,
what happens is that you have more decimals like 5.41 really is 5.41125 and
5.74 is 5.74425 this is why you get 11.16. try using this formula

=FLOOR(SUM(B6:B7),0.01)

 

[John]

Your problem is that cell is rounding the data up. The result is not 5.41.
Its really 5.41125. Result 2 is really 5.74425. Together your true total is
11.1555. Or rounded up to 11.16. You could use another decimal point to give
you a more exact answer.

 

[Carolan]

Thank you. This one worked the best.

Use rounding on the multiplier formula:

=ROUND(A1*0.001665,2)

--
Biff
Microsoft Excel MVP





.

 

[T. Valko]

You're welcome. Thanks for the feedback!