# What If Analysis in Excel – A Step by Step Complete Guide

I am the president of my apartment (don’t think my age is huge (I’m mid-age) or I am over talented 🙂 ). A little apartment of total of 14 flats. If you never maintained a building, you don’t know how painful it is.

You will get no salary at the end of the day, but a good amount of your daily time will be occupied to maintain some silly jobs like water-lifting motor is not working, the guard will go on leave, and a lot like those.

At the end of the day, we have to calculate whether the service charge we are taking from the flat owners is sufficient or not.

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Sometimes we think: “what if we increase the service charge by 500 BDT?” BDT is the short form of Bangladeshi Taka. You guessed right 🙂 I am from Bangladesh.

Okay! You have got an idea of how what-if analysis fits in your day-to-day life. Some more examples:

1. What might be our yearly profit if we increase our product price by 5%?
2. What if the interest rate on the loan I have taken changes to 16% rather than 14%?
3. What will be our production if the workers do 1 hour overtime?
4. And a lot of examples I can gather here.

Using Microsoft Excel, you can make complex models and perform those types of what-if analysis. I have made some step-by-step tutorials that will teach you how to build models to perform complex what-if analysis in Microsoft Excel.

If you follow the above step-by-step tutorials, you will be able to perform any What-If Analysis in Excel.

Happy Excelling 🙂