## Excel FLOOR Function

### Description

The FLOOR function rounds a given number down to the nearest multiple of the specified significance.

### Syntax and arguments

Formula syntax

FLOOR(number, significance)

Arguments

 Number: Required, the number that used to round. Significance: Required, the multiple to which used to round.

Return Value

The FLOOR function returns to a numeric value.

Errors

#VALUE! error value occurs when the anyone of arguments is not a numeric value.

#NUM! error value occurs:

• In Excel 2010 or later, when the argument number is a positive value, but the argument significance is a negative value.
• In Excel 2007 or earlier, when argument number and significance have different arithmetic signs. #DIV/0! Error value occurs when the argument significance is zero.

Remarks

If the argument number is positive, FLOOR function rounds down and toward to zero, for example, FLOOR(10,3)=9.

If the argument number is negative, FLOOR function rounds down and goes away to zero, for example, FLOOR(-10,3)=-12.

If the argument number is an exact multiple of significance, FLOOR function returns to the number itself, for example, FLOOR(10,2)=10.

Version

Excel 2003 or later

### Usage and Examples

Example: basic usage

Based on the values in table C3:G4, which contains the numbers and the corresponding specified significance, please use FLOOR function to round down and get the nearest multiples as this:

=FLOOR(C3,C4) //or directly use a number in the formula =FLOOR(10,1)

Press Enter key to get the first result, then drag autofill handle right to get other results.

#### Relative Functions:

• Excel FACT Function
The FACT function eturns the factorial of a given number. For example, FACT(5)=120, equivalent to 5 x 4 x 3 x 2 x 1.

• Excel FACTDOUBLE Function
The FACTDOUBLE function returns the double factorial of a given number. For example, FACTDOUBLE(5)=15, equivalent 5 x 3 x 1.

The RECEIVED function returns the amount received at maturity for a fully invested security.

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