Format cell to the nearest 100

[Gandor]

Is there a format for rounding a cell to the nearest 100 so that 501.35
rounds to 500. I was using #,##0 to just round to the dollar, but I want to
got to the nearest 100.

Any thoughts?

 

[TKS_Mark]

Gandor: Try =ROUND(A1,-2) where A1 is the number you want to round.

 

[Chris Premo]

Is there a format for rounding a cell to the nearest 100 so that
501.35 rounds to 500. I was using #,##0 to just round to the dollar,
but I want to got to the nearest 100.

Any thoughts?

IN Excel 2007

=ROUNDDOWN(B3,-2)

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[David Biddulph]

*Nearest*, so ROUND, not ROUNDDOWN.

 

[Gandor]

Thanks for the suggestions. I was hoping for a format versus a formula. But
this will do