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To calculate the sum of the products of corresponding numbers in one or more ranges, use Excel's powerful SUMPRODUCT function. 1. For example, the SUMPRODUCT function below calculates the total amount spent. Note: the SUMPRODUCT function performs this calculation: (2 * 1000) + (4 * 250) + (4 * 100) + (2 * 50) = 3500. 2. The ranges must have the same dimensions or Excel will display the #VALUE! error.
SUMIF and SUMIFS are two of Excelâs best functions. Using these two functions, you can create formulas that add data, subject to one or more conditions. The primary difference in these two functions is that SUMIF allows only one condition to be evaluated, while SUMIFS allows up to 127 criteria to be evaluated; additionally, SUMIFS is only available in Excel 2007 or higher.