Explain with examples the different ways in which the IF function can be used.?

Question

What will be an ideal response?

Answer 1

Answers will vary. Excel supports many different logical functions, one of which is the IF function. The IF function is a logical function that returns one value if a statement is true and returns a different value if that statement is false. The syntax of the IF function is?IF(logical_test[,value_if_true][,value_if_false])?where logical_test is a statement that is either true or false, value_if_true is the value returned by the IF function if the statement is true, and value_if_false is the value returned by the function if the statement is false. For example, the following formula tests whether the value in cell A1 is equal to the value in cell B1:?=IF(A1=B1,100,50)?If it is, the formula returns 100; otherwise, it returns 50.If the values of 100 and 50 are stored in cells C1 and C2, you can use the cell references in the IF function arguments instead of the values. The resulting formula?=IF(A1=B1,C1,C2)?returns the value of cell C1 if the value in cell A1 equals the value in cell B1; otherwise, it returns the value of cell C2. The IF function also works with text. When you include text in an argument, you need to enclose it in quotation marks. For example, the following formula tests whether the value of cell A1 is equal to YES-in other words, if cell A1 contains the text YES.?=IF(A1="YES", "DONE", "")?If the value of cell A1 is equal to YES, the formula returns the text DONE; otherwise, it returns nothing as indicated by the opening and closing quotation marks. You can also use calculations as the value_if_true and value_if_false arguments. For example, in the function?=IF(A1="YES",(B1*B2), "No")?if cell A1 contains YES, the formula returns the result of multiplying cell B1 by cell B2; otherwise, it returns the text No. Please see the section "Working with the IF Logical Function" for more information.?