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Data anlysis using Hlookup in Excel



Data analysis using Hlookup: Generally the price of a product changes with time. This may be due increase in Raw material costs, interest costs, processing costs, salaries, etc. Sometimes governments can change their policies on the amount of VAT (Value added Tax) to be charged. How can we use Hlookup to get the correct item price from a large amount of data for a relevant date and use it in our calculations? Let's say we have the following data:

Date
Price
January-March 2008
100
April-June 2008
106
July-September 2008
111
October-December 2008
115
Let's now write a formula using Hlookup to determine the price for a date on which the item is sold in the year 2008 as shown in the Excel training video below.

Data anlysis using Hlookup in Excel