TRUNC is a function in Excel that truncates a number to a specific number of decimal places. For example, if you enter the number 123.456, and then use the TRUNC function to truncate it to two decimal places, the result would be 123.46. If you enter the number 123.456, and then use the TRUNC function to truncate it to one decimal place, the result would be 123.45.
The syntax of TRUNC in Excel is TRUNC(number,num_digits). This function truncates a number to the specified number of digits. For example, TRUNC(123.456,2) returns 123.
TRUNC is a function in Excel that truncates a number to a certain number of decimal places. For example, if you have the number 1.5 and you use the TRUNC function to truncate it to two decimal places, it will return 1.50.
There are a few occasions when you should not use TRUNC in Excel. One such case is when you are working with data that is based on a percentage. In this instance, you would want to use the ROUND function instead of TRUNC in order to ensure that the calculation is done correctly. Another time when you should not use TRUNC is when you are working with negative values. In this case, the TRUNC function will actually result in a negative number, which is not what you want.
The Excel TRUNC function truncates a number to a certain number of decimal places. The following are some similar formulae to TRUNC in Excel:
-TRUNC(number,decimals) truncates a number to the specified number of decimal places.
-ROUND(number,decimals) rounds a number to the specified number of decimal places.
-CEILING(number,decimals) rounds a number up to the nearest specified number of decimal places.
-FLOOR(number,decimals) rounds a number down to the nearest specified number of decimal places.