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excel – Identify the smallest value from multiplied values

Posted by: admin May 14, 2020 Leave a comment

Questions:

I have the following Excel spreadsheet:

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In Column A you can find different products. In Column B the number of orders of each product and in Column C the profit per product.
In Column D the total profit for each product is calculated by multiply the values in Column B with the values in Column C.

In Column E the product with the lowest total profit is displayed by using the following formula:

=IF(D2=SMALL($D$2:$D$7,1),"Lowest","")

All this works fine so far.

Now I want to get rid of Column D because it only serves as a helper column in order to identify the product with the lowest total profit.

How do I have to modify my formula in Column E to show the lowest total profit without the helper Column D.

I was thinking about something like this:
=IF(B2 x C2 =SMALL($B$2:$B$7 x $C$2:$C$7,1),"Lowest","")

How to&Answers:

That formula works as an array – Ctrl+Shift+Enter while still in the formula bar

=IF(B2*C2 =SMALL($B$2:$B$7*$C$2:$C$7,1),"Lowest","") if you done it right it will wrap it in { }