Q4. VLOOKUP with Table Example
Find the Supplier Name for Product ID PRD-015 from this table:
| Product ID | Product Name | Category | Supplier Name |
| PRD-014 | Camera | Electronics | SUP-A |
| PRD-015 | Headphones | Electronics | SUP-B |
| PRD-016 | Jacket | Clothing | SUP-C |
Assume the table range is A2:D100 with Product ID in column A (1st column), Product Name in column B (2nd column), Category in column C (3rd column), and Supplier Name in column D (4th column). Which formula correctly returns the Supplier Name for Product ID "PRD-015"?
Answer: C) =VLOOKUP("PRD-015",A2:D100,4,FALSE)
Explanation: Supplier Name is in the 4th column of the range; use column index 4 with exact match (FALSE).
Q5. COUNTIFS for Multiple Conditions
Count Electronics products that also need Reorder (Stock Status column I). Which formula?
Answer: C) =COUNTIFS(C2:C51,"Electronics",I2:I51,"Reorder")
Explanation: COUNTIFS applies AND logic across ranges; both category and status must match.
Q6. AVERAGEIF for Category Price
Average Unit Price for category in cell A10 (categories listed in C2:C51, prices in E2:E51). Which formula?
Answer: C) =AVERAGEIF(C2:C51,A10,E2:E51)
Explanation: AVERAGEIF(criteria_range, criteria, average_range) averages prices where category matches A10.
Q9. SUMIF Function
Sum all quantities (F2:F51) where the category (C2:C51) is "Electronics". Which formula?
Answer: A) =SUMIF(C2:C51,"Electronics",F2:F51)
Explanation: SUMIF syntax is SUMIF(criteria_range, criteria, sum_range). The criteria range comes first, then the criteria, then the range to sum.
Q10. Nested IF Function
Create a formula that returns "High" if quantity (F2) > 100, "Medium" if > 50, otherwise "Low". Which is correct?
Answer: A) =IF(F2>100,"High",IF(F2>50,"Medium","Low"))
Explanation: Check the highest threshold first (100), then the next (50), then default to "Low". Order matters in nested IF statements.
Q13. VLOOKUP Approximate Match
You have a lookup table with discount thresholds. For a purchase amount in A10, you want to find the discount rate using approximate match. The lookup table is in E2:F5 (amounts in E, rates in F), sorted ascending. Which formula?
Answer: B) =VLOOKUP(A10,E2:F5,2,TRUE)
Explanation: TRUE enables approximate match (or omit it). Column index 2 returns the discount rate. The table must be sorted ascending for approximate match to work correctly.
Q14. SUMIFS with Multiple Criteria
Sum quantities (F2:F51) where category (C2:C51) is "Electronics" AND unit price (E2:E51) is greater than 50. Which formula?
Answer: D) Both A and B are correct
Explanation: SUMIFS applies AND logic to all criteria. The order of criteria pairs doesn't matter, as long as each pair is (criteria_range, criteria).
Q15. VLOOKUP Error Handling
You use VLOOKUP to find a product, but some product IDs don't exist. You want to show "Not Found" instead of #N/A. Which formula wraps the VLOOKUP?
Answer: A) =IFERROR(VLOOKUP(A2,D2:E100,2,FALSE),"Not Found")
Explanation: IFERROR catches any error (including #N/A) and returns the specified value. This is cleaner than checking for specific error types.