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Rounding Formula Result to nearest $0.05

  1. #1
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    Rounding Formula Result to nearest $0.05

    Hi - I am attempting to create a "round" formula that will display in the cell to the nearest $0.05. I know how to get the result to a specified number of decimal places but this one has me at a loss as to how to proceed. Any assistance is appreciated.

  2. #2
    Forum Expert teylyn's Avatar
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    Re: Rounding Formula Result to nearest $0.05

    Hello,

    try

    =CEILING(A1,0.05)

  3. #3
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    Re: Rounding Formula Result to nearest $0.05

    Thanks a lot for answers to both of my questions. Both ideas worked beautifully!

  4. #4
    Forum Expert shg's Avatar
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    Re: Rounding Formula Result to nearest $0.05

    =round(a1/0.05, 0)*.05
    Entia non sunt multiplicanda sine necessitate

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