SR. NO. ITEMS QTY RATE AMOUNT GRADE
1 LAPTOP 12 55,000 660,000 Expensive
2 COMPUTER 15 32,000 480,000 Let’s Buy It
3 PRINTER 20 8,500 170,000 Let’s Buy It
4 MONITOR 18 12,000 216,000 Let’s Buy It
5 KEYBOARD 35 800 28,000 Let’s Buy It
6 MOUSE 450 25 11,250 Let’s Buy It
7 COMPUTER 10 30,000 300,000 Let’s Buy It
8 UPS 16 6,500 104,000 Let’s Buy It
9 SCANNER 8 15,000 120,000 Let’s Buy It
10 COMPUTER 22 28,000 616,000 Expensive

Answers

Q.1 Amount Formula:
Formula in E2: =PRODUCT(C2, D2) or =C2*D2
(Drag down to calculate all rows)

Q.2 Total Number of Items:
Formula: =COUNTA(B2:B11)
Answer = 10

Q.3 COUNTIF Formulas:
Qty > 20: =COUNTIF(C2:C11, ">20") | Answer = 3
Qty < 20: =COUNTIF(C2:C11, "<20") | Answer = 6
Qty = 20: =COUNTIF(C2:C11, 20) | Answer = 1

Q.4 SUMIF for COMPUTER:
Total Qty: =SUMIF(B2:B11, "COMPUTER", C2:C11) | Answer = 47
Total Rate: =SUMIF(B2:B11, "COMPUTER", D2:D11) | Answer = 90,000
Total Amount: =SUMIF(B2:B11, "COMPUTER", E2:E11) | Answer = 1,396,000

Q.5 Grade Formula (Nested IF):
Formula in F2: =IF(E2>500000, "Expensive", "Let's Buy It")
(Drag down to calculate all rows)

Q.6 Items graded “Expensive”:
Formula: =COUNTIF(F2:F11, "Expensive")
Answer = 2

Q.7 Total Amount of “Expensive” items:
Formula: =SUMIF(F2:F11, "Expensive", E2:E11)
Answer = 1,276,000

Q.8 COMPUTER occurrences:
Formula: =COUNTIF(B2:B11, "COMPUTER")
Answer = 3

Q.9 Total Amount of Qty > 20:
Formula: =SUMIF(C2:C11, ">20", E2:E11)
Answer = 655,250

Q.10 Grand Total Amount:
Formula: =SUM(E2:E11)
Answer = 2,705,250