The IFS() function in Excel is a modern replacement for nesting multiple IF statements. It evaluates multiple conditions and returns the value for the first TRUE condition.
Syntax: \[ =IFS(condition1, value1, condition2, value2, ...) \] Example: \[ \texttt{=IFS(A1<40, \"Fail\", A1<70, \"Pass\", A1>=70, \"Distinction\")} \] Why it is better than nested IFs:
Types of conditions in IFS:
Identify the type of code used by a trading company Ms. Ahana Ltd.:
Codes | Accounts |
CA005 | Super Ltd. |
CA006 | Regina Ltd. |
CA007 | Nasir & Sons Ltd. |
Show that the energy required to build up the current \( I \) in a coil of inductance \( L \) is \( \frac{1}{2} L I^2 \).
Simar, Tanvi and Umara were partners in a firm sharing profits and losses in the ratio of 5:6:9. On 31st March, 2024 their Balance Sheet was as follows:
Umara died on 30th June, 2024. The partnership deed provided for the following on the death of a partner: