**In this tutorial, we will explore the basics of the MROUND function, its syntax, and its usage. This function is a useful tool for rounding numbers to a specified multiple. This function can come in handy in various financial, mathematical, and statistical applications.**

The MROUND function in Microsoft Excel is a mathematical function used to round a number to the nearest specified multiple. The syntax for MROUND is as follows:

**MROUND(number, multiple)**

where:

**“number”**is the value you want to round**“multiple”**is the value to which you want to round the number

Here is a step-by-step guide to using the MROUND function:

**Type “=MROUND(“**and then**select or type the number**that you want to round.**Type a comma (,)**and then**select or type the multiple**to which you want to round the number.**Close the parentheses by typing “)”**.**Press the Enter key**to get the result.

Note: When rounding negative numbers, add a negative sign in the multiple syntax. Otherwise, it will return an error.