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Excel VLOOKUP Example, Using An Exact Match

This document provides examples of using VLOOKUP functions in Excel to look up prices based on product IDs or quantities from a table. It shows an exact match VLOOKUP to return the price of product ID 9823. It also shows a nearest match VLOOKUP to return the unit price of 23 units. The user is instructed to change the lookup values to see how the prices update dynamically.

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21 views4 pages

Excel VLOOKUP Example, Using An Exact Match

This document provides examples of using VLOOKUP functions in Excel to look up prices based on product IDs or quantities from a table. It shows an exact match VLOOKUP to return the price of product ID 9823. It also shows a nearest match VLOOKUP to return the unit price of 23 units. The user is instructed to change the lookup values to see how the prices update dynamically.

Uploaded by

vvk.mit4766
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Excel VLOOKUP example, using an exact match

You have the following table:

Product ID Available Stock Price cost


2345 500 15 12
5457 234 28 23
9823 155 72 45
1233 122 12 2
2344 166 24 13

You've been asked to come up with a way to check the price of a product when a product ID is typed into a given

Product ID 9823
Price

You write a VLOOKUP function which looks like this:

Product 2345
Price formula =VLOOKUP(B20,$A$6:$D$10,2,0)
Price 12

Try changing the value in the yellow cell to see the price in B22 change
Note what happens if you enter a value in B20 that isn't in the Product ID column above.
product ID is typed into a given cell
Excel VLOOKUP example, using a nearest match

You have the following table:

Quantity Unit Price


0 20
10 18
50 16
100 13
200 12

You've been asked to come up with a way to check the price of a product for a given sales quantity
The method you use should handle any sales quantity that is entered

You write a VLOOKUP function which looks like this:

Quantity 23
Price formula =VLOOKUP(B18,$A$6:$C$10,2,1)
Price 18

Try changing the value in the yellow cell to see the price in B20 change
Note what happens if you enter a value in B18 that isn't in the Product ID column above.
en sales quantity

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