What is PRODUCT Function in Excel?
The PRODUCT function is one of the math functions of Excel.
It Multiplies all the numbers given as arguments.
We can find this function in Math & trig category of insert function Tab.
How to use PRODUCT function in excel
- Click on an empty cell (like F5 )
2. Click on fx icon (or press shift+F3)
3. In the insert function tab you will see all functions
4. Select math and trig category
5. Select PRODUCT function
6. Then select ok
7. In the function arguments Tab you will see PRODUCT function
8. Number1:number2,… are 1 to 255 numbers, logical values, or text representations of numbers that you want to multiply
9. You will see results in the formula result section
Examples of PRODUCT function in Excel
- To calculate the product of two cells: =PRODUCT(A1,B1)
- To calculate the product of a range of cells: =PRODUCT(A1:A10)
- To calculate the product of multiple ranges: =PRODUCT(A1:A5,C1:C5,E1:E5)
- To calculate the product of all non-zero values in a range: =PRODUCT(IF(A1:A10<>0,A1:A10))
- To calculate the weighted product of a range of values and their corresponding weights: =PRODUCT(A1:A10^B1:B10)
- To calculate the product of the top n values in a range: =LARGE(A1:A10,n)*PRODUCT(A1:A10,LARGE(A1:A10,n))
- To calculate the product of the bottom n values in a range: =SMALL(A1:A10,n)*PRODUCT(A1:A10,SMALL(A1:A10,n))
- To calculate the product of a dynamic range based on user inputs: =PRODUCT(INDIRECT(A1&”:”&A2))
- To calculate the product of every nth value in a range: =PRODUCT(A1:A10*(MOD(ROW(A1:A10)-1,n)=0))
- To calculate the product of values in an array that meet specific criteria: =PRODUCT(IF(criteria_range=criteria_value,value_range)) where criteria_range is the range containing the criteria, criteria_value is the value to match, and value_range is the range containing the values to be multiplied.
Example 1:
How to use PRODUCT function in excel
You can see examples of PRODUCT function below:
product(A2,B2,C2) ----->>>>answer is 66.6
product(A3,B3,C3) ----->>>>answer is 33.5
product(A4,B4,C4) ----->>>>answer is -144
product(A5,B5,C5) ----->>>>answer is 45
product(A6,B6,C6) ----->>>>answer is -20.25
product(A7,B7,C7) ----->>>>answer is 200Excel’s PRODUCT function: What it is and how it works
Excel’s PRODUCT function is a built-in mathematical function that multiplies a series of numbers together in an Excel worksheet. It is commonly used to calculate the product of values in a range of cells.
For example, you could use the formula =PRODUCT(A1:A10) to calculate the product of the values in cells A1 through A10.
Discover how Excel’s PRODUCT function works to multiply values
Excel’s PRODUCT function multiplies a series of numbers in a range or array together. The function can accept up to 255 arguments, allowing users to multiply many numbers at once and simplify complex calculations.
For example, you could use the formula =PRODUCT(2,3,4) to calculate the product of the numbers 2, 3, and 4.
Exploring the arguments of Excel’s PRODUCT function
The arguments of Excel’s PRODUCT function are the numbers or ranges of numbers that the user wants to multiply together. The function can accept multiple arguments, separated by commas.
For example, you could use the formula =PRODUCT(A1,A2,A3) to multiply the values in cells A1, A2, and A3 together.
Get familiar with the syntax of Excel’s PRODUCT function
The syntax of Excel’s PRODUCT function is:
=PRODUCT(number1,[number2],…)
where number1, number2, etc. are the numbers or ranges of numbers that the user wants to multiply together. It is important to include the first number argument, but any additional arguments are optional.
For example, you could use the formula =PRODUCT(A1:A10) to multiply the values in cells A1 through A10 together.
Multiply two cells in Excel using the PRODUCT function
To multiply two cells in Excel using the PRODUCT function, simply enter the cell references as arguments in the formula.
For example, you could use the formula =PRODUCT(A1,B1) to multiply the values in cells A1 and B1 together. This would be equivalent to the formula =A1*B1.
Multiply a range of cells using Excel’s PRODUCT function
To multiply a range of cells using Excel’s PRODUCT function, simply enter the cell range as an argument in the formula.
For example, you could use the formula =PRODUCT(A1:A10) to multiply all values in the range A1 through A10 together.
Multiply multiple ranges with Excel’s PRODUCT function
To multiply multiple ranges with Excel’s PRODUCT function, separate each range argument with commas.
For example, you could use the formula =PRODUCT(A1:A5,C1:C5,E1:E5) to multiply the values in three different ranges: A1 through A5, C1 through C5, and E1 through E5.
Learn how to calculate the product of all non-zero values in an Excel range using the PRODUCT function
To calculate the product of all non-zero values in an Excel range using the PRODUCT function, you can combine the PRODUCT function with the IF function to only include cells that meet a specific criteria.
For example, you could use the formula =PRODUCT(IF(A1:A10<>0,A1:A10)) to multiply only the non-zero values in the range A1 through A10 together.
Use Excel’s PRODUCT function to calculate weighted products of value and weight pairs
To use Excel’s PRODUCT function to calculate weighted products of value and weight pairs, raise the value to the power of the weight and then multiply all values together using the PRODUCT function.
For example, you could use the formula =PRODUCT(A1:A10^B1:B10) to multiply each value in the range A1 through A10 to the corresponding weight in the range B1 through B10 raised to the power of that weight.
Multiply only the cells that meet specific criteria with Excel’s PRODUCT function and the IF function
To multiply only the cells that meet specific criteria with Excel’s PRODUCT function and the IF function, use the IF function to return a value only for cells that meet the criteria and a 1 for those that do not meet the criteria. Then, multiply all values together using the PRODUCT function.
For example, you could use the formula =PRODUCT(IF(A1:A10>5,A1:A10,1)) to multiply only the values in the range A1 through A10 that are greater than 5 together.
Create powerful calculations with Excel’s PRODUCT function combined with SUM, MAX, or MIN
By combining Excel’s PRODUCT function with other mathematical functions like SUM, MAX, or MIN, users can create complex calculations.
For example, you could use the formula =PRODUCT(A1:A10)*SUM(B1:B10) to multiply the values in range A1 through A10 together and then add the sum of the values in range B1 through B10.
Using array formulas with Excel’s PRODUCT function for complex calculations
Users can use array formulas to combine Excel’s PRODUCT function with other functions to create complex calculations that are hard to achieve with simple formulas.
For example, you could use the formula {=PRODUCT((A1:A10^2)*(B1:B10^3))} to find the product of each value in range A1 through A10 squared multiplied by each value in range B1 through B10 cubed. Note the curly brackets around the formula indicate that it is an array formula.
Integrate Excel’s PRODUCT function with conditional formatting for easy data visualization
Excel’s PRODUCT function can be integrated with conditional formatting to visually highlight specific results in a spreadsheet.
For example, you could use the formula =PRODUCT(A1:A10) and then apply conditional formatting to highlight cells where the result is above a certain threshold.
How to use dynamic ranges with Excel’s PRODUCT function
Dynamic ranges allow users to update the values included in a formula without having to manually change the range.
For example, you could use the formula =PRODUCT(INDIRECT(A1&”:”&A2)) where cell A1 contains the first cell in the range and A2 contains the last cell in the range. This would allow users to easily update the range without modifying the formula.
Calculate the product of the top n values in an Excel range with the PRODUCT function
To calculate the product of the top n values in an Excel range, first use the LARGE function to find the nth largest value in the range, and then multiply that value by the PRODUCT function.
For example, you could use the formula =LARGE(A1:A10,n)*PRODUCT(A1:A10,LARGE(A1:A10,n)) to find the product of the top n values in the range A1 through A10.
Determine the product of the bottom n values in an Excel range using the PRODUCT function
To determine the product of the bottom n values in an Excel range, first use the SMALL function to find the nth smallest value in the range, and then multiply that value by the PRODUCT function.
For example, you could use the formula =SMALL(A1:A10,n)*PRODUCT(A1:A10,SMALL(A1:A10,n)) to find the product of the bottom n values in the range A1 through A10.
Use Excel’s PRODUCT function to calculate the product of every nth value in a range
To calculate the product of every nth value in an Excel range, use the INDEX function to extract the specific values, and then multiply them together using the PRODUCT function.
For example, you could use the formula {=PRODUCT(INDEX(A1:A10,N(IF(1,SEQUENCE(1,(COUNT(A1:A10)-1)/n+1,n)))))} to calculate the product of every nth value in the range A1 through A10. Note the curly brackets around the formula indicate that it is an array formula.
Filter values from an array to multiply with the PRODUCT function in Excel
To filter values from an array to multiply with the PRODUCT function in Excel, use the IF function to only include cells that meet a certain criteria, and then multiply all values together using the PRODUCT function.
For example, you could use the formula =PRODUCT(IF(A1:A10>5,A1:A10,1)) to multiply only the values in the range A1 through A10 that are greater than 5 together.
Common errors to watch out for when using Excel’s PRODUCT function
Common errors when using the PRODUCT function in Excel include:
- Dividing by zero: since the PRODUCT function multiplies all values together, if any of the values are zero, the result will be zero.
- Using text in the range: the PRODUCT function can only multiply numerical values, so if any cells in the range contain text, an error will result.
- Including too many arguments: since Excel’s PRODUCT function can only take a maximum of 255 arguments, if more than 255 are included, an error will result.
Excel’s PRODUCT function versus other functions like SUM or AVERAGE: When to use each one
Excel’s PRODUCT function is used when you want to multiply multiple values together, while SUM and AVERAGE are used when you want to add or average multiple values together, respectively.
For example, you would use the PRODUCT function to calculate the total revenue from selling a certain number of products, while you would use SUM to add up the quantities sold in a given period, and AVERAGE to find the average price of a product over a certain time period.
