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The IF function is one of the most popular and useful functions in Excel. You use the IF function to ask Excel to test a condition and to return one value if the condition is met, and another value if the condition is not met.
Excel IF Function. The IF function can perform a logical test and return one value for a TRUE result, and another for a FALSE result. For example, to pass scores above 70: =IF(A1>70,Pass,Fail). More than one condition can be tested by nesting IF functions. The IF function can be combined with logical functions like AND and OR.