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What if analysis in excel in hindi

What-If Analysis in Excel

※ Download: What if analysis in excel in hindi You can find related examples and features on the right side of each chapter. In other words, you could change A3 to 100 and note the change in profit in C3. The best part was learning the short cuts. To see how these can be combined in a powerful way with the CELL function, we break it down for you step by step in our. Learn how to use INDEX MATCH MATCH in this Excel tutorial. What-If Analysis in Excel - For example, to calculate the Monthly Change and Total Change. What-If analysis is the process of calculating backward to find out an input by providing a specific output. In other words, what-if analysis can be considered as opposite to formulas. You use formulas to calculate an output by providing inputs whereas what-if analysis helps you find out what input will result in a specific output. You can use what-if analysis to estimate your monthly savings that meet your retirement goals, find the return rate of an investment, plan your budget and so on. There are three different tools available in Excel to perform what-if analysis: scenarios, data tables and Goal Seek. Let's have a look at Goal Seek function. Using Goal Seek function, you can change the data in formula and analyze how it affects the end result. Have a look at the data given below don't get scared. We will be using this data to perform what-if analysis. All remaining data including monthly EMI, monthly payment towards principal, monthly payment towards interest and remaining amount to be paid each month are calculated using financial formulas. Here comes Goal Seek function into picture. Perform what-if analysis Step 1. Open Excel 2010, copy the data shown above and save your file as what-if analysis. You will get a window like this: Step 2. Click in the textbox next to Set cell: and click the cell E1 as we need to analyze the result by changing the monthly payment. In the To value: textbox, enter 2500 as this is our new value. After clicking in the By changing cell: textbox, click the cell B2 as we want to find out the change in number of payments number of months. Now your window will look like this: Click OK and now your screen will look like this: Step 3. If you analyze the value in cell B2, you could find that it is 11. It means that you can complete the loan in less than a year in 11. Example 2 Notes average calculations Suppose you are a student who plans to score an average of 80 in your semester exam. You scored 82, 70, 83 and 76 in the subjects English, Mathematics, Computer Science and Mechanics respectively. You have Statistics exam remaining and you want to calculate the marks you need to score in Statistics to achieve an average of 80. Your score sheet before the Statistics exam will be as follows: Select the Goal Seek function to open the window. Click in the textbox next to Set cell: and click the cell that contains the average score here the cell containing the value 77. In the To value: textbox, enter 80 as this is your target average. After clicking in the By changing cell textbox, click the cell that will contain the score of Statistics here the cell just above the cell with 77. Click OK and your screen will look like this: From this data it is clear that you have to score 89 in Statistics to achieve an overall average of 80. Similarly, you can use Goal Seek function in many different scenarios to analyze what input should be given in order to get a specific output. Instead of consisting of two columns, there should be one column containing the values for the first variable, with a row containing the values for the second variable. If you want to analyze more than two variables, you can use Scenarios. S function in Excel. For example, suppose you have two budget scenarios: a worst case and a best case. Teaches key advance Excel techniques that are very useful, for those who are developing a Corporate Finance career. When it is copied down the column, it will test every score and return the correct result.