How to round to preset values in Excel?

[noobsaibot]

I have a calculated value, say 6.82
this value needs to get rounded to the next lowest number, the rounding values come from a table that increments by 0.0625

........
........
0.6875
0.75
0.8125
.........
..........
I need to subtract 0.0625 from the number first and then round it to the next lowest value

so since my number is 6.82

it would be 6.82-0.0625=6.7575

and from 0.7575 the next lowest rounding value would be 0.75 from the list

so it would be rounded to 6.75

is this possible?

[shg]

Maybe ...

=floor(a1 - 1/16, 1/16)

or

=int(16*a1 - 1)/16

[noobsaibot]

worked great, thank you

[vlady]

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