It is very necessary to limit decimal places in Excel to progress with further calculations. Sometimes it is irritating to have so many digits after the decimal place. So, in this article, we will give you some easy ways to limit decimal places.
Why Is Limiting Decimal Necessary?
To make calculations clean and fruitful, we sometimes round our decimal places so that it does not bother our calculations. So instead of using 3.399, we will use 3.40, and we will see how this can be done to decrease decimal places in Excel. That’s why we need to know the methods to Limit Decimal Places in Excel. Excel allows highest 127 decimal places. So rounding up is the best options to make calculation easier.
How to Limit Decimal Places in Excel: 5 Easy Ways
Here we will discuss 5 easy ways to limit decimal values so that you can have everything in your hands easily. In those methods, we will use the Format Cells dialog box, the ROUND function, the Number group from the Ribbon, and utilize Excel Editing options to accomplish the task to limit decimal places in Excel.
Method 1: Using Format Cells Command to Limit Decimal Places in Excel
Here we are going to use Format Cells command to limit decimal places in Excel. Let’s have a look at the description below.
Steps:
- Firstly, we will select the stock price in USD in the D column.
- Then, we will right-click on it and go to the Format Cells from the menu.
- Next, right-click on it, and select the Number.
- Then, select Decimal Places as 2.
- Finally, press OK.
- Finally, we will find the result given in the image below by limiting the decimal places.
Read More: How to Reduce Decimals in Excel
Method 2: Using ROUND Function to Limit Decimal Places in Excel
The ROUND function easily changes the decimal places according to what you want to decrease decimal places in Excel.
Steps:
- First, select the E5 cell and put down the following formula by assigning a value of the num_digit argument of the ROUND function as 2.
=ROUND(D5:D9,2)
- Here we are selecting D5:D9 cells to round all the numbers of stock prices in USD.
- Finally, the function will show the following result.
Read More: How to Change Decimal Places in Excel
Method 3: Using Number Formatting Group for Limiting Decimal Places
Here we will go to the HOME tab, then go to Number, then easily select Decimal Places 2. That’s how we are going to limit decimal places
Steps:
- At first, we have to select the stock price in USD in the D column.
- Then we will go to the Number group.
- Finally, we will select the Number option with two decimal places by setting it to 2.
- Then, press OK.
- Finally, we will get the result below.
Read More: How to Add Decimals in Excel
Method 4: Using Number Group from Ribbon for Limiting Decimal Places
Here is the easiest method, just go to the HOME tab then there is an option to decrease the decimal.
- Firstly, we will select the cells in the D.
- Click on the Home tab.
- Then, click on the marked icon to decrease the decimal places from the Number group.
- Now, we are going to show the result below.
Method 5: Utilizing Excel Editing Options to Limit Decimal Places in Excel
Here you can permanently change decimal places into 2 and change it after you want.
- Firstly, we will select the data table.
- Firstly, we will go to the File menu.
- Secondly, we will select the Options from the menu.
- Then, we will select Advanced from the left thumbnail.
- Afterward, select the Automatically insert a decimal point option.
- Finally, customize the Places option with 2.
- Finally, then we will get the final result.
Download Practice Workbook
You may download the following workbook to practice yourself.
Conclusion
Above those methods, we can easily limit decimal places in Excel. You can limit decimal places without breaking any sweat if you follow them properly. If you have any questions or feedback regarding this article, please leave them in the comment box.
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