Explanation

The ExcelCEILING functionrounds a numberupto a given multiple.

The multiple to use for rounding is given as the second argument (significance).

If the number is already an exact multiple, no rounding occurs.

Excel formula: Round by bundle size

The result is $35.00, since 35 is the next multiple of 5 after 33.39.

CEILING roundsupusing the multiple supplied.

you might use theMROUND functionto round to thenearest multipleand theFLOOR functionto rounddownto a multiple.

Excel formula: Round a number to nearest multiple

CEILING works like theMROUND function, but CEILINGalways rounds up.

Excel formula: Round a number down to nearest multiple

Excel CEILING function