Excel LET Function: Learn with 20 Real Data Solutions

 



Table of Contents

Introduction.. 1

1. Basic Arithmetic with LET.. 1

2. Sales Average Calculation.. 2

3. Student Grading.. 2

4. Nested LET for Engineering Constants. 3

5. Dynamic Range Sum... 3

6. Text Greeting.. 4

7. Product Categorization.. 4

8. Double the Values. 5

9. Simplify Calculations. 5

10. Filter High Salaries. 6

11. Full Name Creation.. 6

12. Tax Calculation.. 7

13. Circle Area. 7

14. Compare Two Values. 8

15. Positive or Negative. 8

16. Square Numbers. 9

17. Compound Interest 9

18. Dynamic Column Selection.. 10

20. Custom Function Example. 11

Conclusion.. 11

 

 

Introduction

The LET function in Excel allows you to assign names to calculation results, making complex formulas easier to read, faster to calculate, and simpler to manage. It helps by defining variables inside a formula and then reusing them without recalculating the same expression multiple times.

The syntax of the LET function is:

LET(name1, value1, [name2, value2], …, calculation)

Where:

  • name1, name2 are the variable names you assign.
  • value1, value2 are their values or expressions.
  • The calculation is the final expression using those variables.

Below are 20 examples showing how to use the LET function effectively in Excel.

1. Basic Arithmetic with LET

Imagine you are adding two numbers repeatedly for testing calculations. Instead of writing a long formula every time, you can use LET to assign names and perform the operation cleanly.


Formula:

=LET(x, A2, y, B2, x + y)

Formula Breakdown:

  • x = A2 (10)
  • y = B2 (5)
  • Final calculation = x + y → 10 + 5 = 15

Explanation:
This formula adds two numbers by naming them as variables x and y, making the formula short and easy to understand.

2. Sales Average Calculation

You are tracking monthly sales for a small store and want to calculate the average sales of the months recorded.


Formula:

=LET(total, SUM(B2:B4), count, COUNTA(B2:B4), total/count)

Formula Breakdown:

  • total = total sales from all months → SUM(B2:B4)
  • count = number of months → COUNTA(B2:B4)
  • total/count = 4000 ÷ 3 = 1333.33

Explanation:
This calculates the average sales by defining total and count separately, reducing formula repetition.

3. Student Grading

A teacher wants to automatically assign grades to students based on their scores.


Formula:

=LET(score, B2, grade, IF(score>90,"A",IF(score>80,"B","C")), grade)

Formula Breakdown:

  • score = student’s score (88)
  • grade = IF condition assigns "A", "B", or "C"
  • Result = "B"

Explanation:
The formula checks the student’s score and assigns the grade efficiently using named variables.

4. Nested LET for Engineering Constants

An engineer wants to calculate the gas equation PV = nRT, where R = 8.314.


Formula:

=LET(P, A2, V, B2, LET(R, 8.314, R*P*V))

Formula Breakdown:

  • P = pressure
  • V = volume
  • R = gas constant
  • Result = 8.314 × 500 × 0.04 = 166.28

Explanation:
This nested LET assigns constants and values to calculate efficiently.

5. Dynamic Range Sum

You are tracking daily expenses that vary in number each day. You want Excel to sum only the filled cells.


Formula:

=LET(last, COUNTA(A2:A4), SUM(A2:INDEX(A2:A4,last)))

Formula Breakdown:

  • last = count of non-empty cells
  • INDEX finds the last value in range
  • SUM adds up from first to last filled cell

Explanation:
This formula automatically sums only the filled rows without updating the range manually.

6. Text Greeting

You want to generate a personalized greeting message.


Formula:

=LET(n, A2, msg, "Hello " & n & "!", msg)

Formula Breakdown:

  • n = the person’s name
  • msg = greeting text with name
  • Output = "Hello Waqas!"

Explanation:
This creates an automatic greeting using a name from the cell.

7. Product Categorization

A store manager wants to label products as “High” or “Low” stock based on quantity.


Formula:

=LET(qty, B2, status, IF(qty>100,"High","Low"), status)

Formula Breakdown:

  • qty = stock quantity
  • status = IF condition
  • Result = “Low”

Explanation:
The formula labels inventory based on stock level for easy tracking.

8. Double the Values

You want to double each value in a list of items for forecasting.


Formula:

=LET(arr, A2:A4, doubled, arr*2, doubled)

Formula Breakdown:

  • arr = range of units
  • doubled = each value multiplied by 2
  • Output = {10; 16; 24}

Explanation:
Quickly doubles multiple values without additional columns.

9. Simplify Calculations

You are performing a formula repeatedly involving multiple variables.


Formula:

=LET(x, A2*2, y, B2+5, result, x*y, result)

Formula Breakdown:

  • x = base multiplied by 2
  • y = multiplier plus 5
  • result = x × y → 30 × 8 = 240

Explanation:
Reuses variables to simplify complex math steps.

10. Filter High Salaries

You have a list of employees and their salaries and want to see only high earners.


Formula:

=LET(data, B2:B4, FILTER(data, data>50000))

Formula Breakdown:

  • data = salary list
  • FILTER returns values above 50000
  • Output = {55000; 60000}

Explanation:
Displays only the salaries greater than 50,000 dynamically.

11. Full Name Creation

You have first and last names and want to combine them into one full name.


Formula:

=LET(f, A2, l, B2, name, f & " " & l, name)

Formula Breakdown:

  • f = first name
  • l = last name
  • Combined = "Ahmed Riaz"

Explanation:
Quickly merges first and last name into one cell.

12. Tax Calculation

You are calculating a 10% tax on a product price.


Formula:

=LET(p, A2, taxRate, 0.1, tax, p*taxRate, tax)

Formula Breakdown:

  • p = product price
  • taxRate = 10%
  • tax = p × taxRate → 250

Explanation:
Computes the tax easily using reusable variables.

13. Circle Area

You want to calculate the area of a circle using its radius.


Formula:

=LET(pi, 3.1416, r, A2, area, pi*r^2, area)

Formula Breakdown:

  • pi = 3.1416
  • r = radius (7)
  • area = π × r² → 153.94

Explanation:
Calculates circle area efficiently using named values.

14. Compare Two Values

You are comparing two numbers to see which is greater.


Formula:

=LET(x, A2, y, B2, result, IF(x>y,"X larger","Y larger"), result)

Formula Breakdown:

  • x = first value
  • y = second value
  • IF checks which is greater

Explanation:
Shows which number is larger clearly with descriptive output.

15. Positive or Negative

You need to determine if a number is positive or negative.


Formula:

=LET(num, A2, status, IF(num>0,"Positive","Negative"), status)

Formula Breakdown:

  • num = the given number
  • IF test returns text result

Explanation:
Quickly identifies number sign in a readable way.

16. Square Numbers

You want to square multiple values in a list.


Formula:

=LET(arr, A2:A4, squared, arr^2, squared)

Formula Breakdown:

  • arr = list of numbers
  • Each squared → {4; 16; 36}

Explanation:
Squares several values using a single array formula.

17. Compound Interest

A banker calculates compound interest using principal, rate, compounding per year, and time.


Formula:

=LET(P,A2,r,B2,n,C2,t,D2,Amt,P*(1+r/n)^(n*t),Amt)

Formula Breakdown:

  • P = Principal amount
  • r = Rate
  • n = Compounds per year
  • t = Years
  • Amt = Final value after compounding

Explanation:
Accurately calculates interest growth using defined financial variables.

18. Dynamic Column Selection

You want to choose data from a column dynamically based on number input.


Formula:

=LET(col, A2, INDEX(B2:D2,,col))

Formula Breakdown:

  • col = user input column number
  • INDEX = selects that column value
  • Output = "Feb"

Explanation:
Fetches a column value dynamically depending on column number given.

19. Simplified Lookup

You want to find a city name based on its code using XLOOKUP.


Formula:

=LET(id, A2, result, XLOOKUP(id, B2:B4, C2:C4), result)

Formula Breakdown:

  • id = value to find
  • XLOOKUP = searches in column B and returns from C
  • Output = "Multan"

Explanation:
Simplifies XLOOKUP by defining lookup value first.

20. Custom Function Example

You want to create a reusable formula that calculates the square of any number.


Formula:

=LAMBDA(x, LET(square, x^2, square))(A2)

Formula Breakdown:

  • x = input number
  • LET defines square = x²
  • Returns the squared value

Explanation:
Combines LET and LAMBDA to make a simple custom function in Excel.


Conclusion

The LET function in Excel simplifies complex formulas by assigning names to calculations, improving clarity and performance. It’s ideal for advanced users who want cleaner, faster, and more manageable formulas in large datasets.

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