TOTALS & SUMMARIES · ORIGINAL EXERCISE
A tidy average
Return the average revenue, rounded to two decimal places.
This quest practices Nested functions using a fictional business dataset. Read the sheet below, then enter the interactive quest to write and check your formula.
| Order | Region | Product | Units | Revenue | Cost |
|---|---|---|---|---|---|
| O-101 | North | Keyboard | 12 | 720 | 420 |
| O-102 | South | Mouse | 18 | 450 | 198 |
| O-103 | North | Monitor | 5 | 1250 | 900 |
| O-104 | West | Keyboard | 8 | 480 | 280 |
| O-105 | South | Monitor | 4 | 1000 | 720 |
| O-106 | North | Mouse | 20 | 500 | 220 |
| O-107 | West | Monitor | 6 | 1500 | 1080 |
| O-108 | North | Keyboard | 10 | 600 | 350 |
Hints to get you started
- Calculate the average first.
- Wrap that expression inside ROUND.
- ROUND takes a number and a decimal count.
Show the worked solution
=ROUND(AVERAGE(E2:E9),2)The inner AVERAGE runs first; ROUND then rounds the result to two decimals.
Make the skill stick
After solving the task, explain what each reference does and why the formula answers the business question. Try the workbook download inside the quest to practice in your own spreadsheet app.
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