Excel multiplication formula

Multiply two cells, a whole column by one fixed rate, or a quantity by a price and sum it in one step.

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The formula
=B2*C2

Click the cell where you want the answer, type that, and press Enter. Multiplication is the asterisk, and there is no MULTIPLY function.

How to do it
  1. 1Click the cell where the result should go.
  2. 2Type = then click the first cell, type * then click the second.
  3. 3Press Enter, then drag the small square at the corner to fill it down.
  4. 4Applying one rate to every row? Lock it: =B2*$B$1, or the rate slides down with the formula.
Your formula=B2*C2
Apply one rate down a column=B2*$B$1The dollar signs are what make this survive a fill-down. Without them the rate cell slides one row per row.
Quantity times price, totalled=SUMPRODUCT(B2:B500, C2:C500)Multiplies row by row and sums the result in one step, so no helper column is needed.
Add a percentage uplift=B2*(1+$B$1)With the rate cell holding 0.18 for an 18 percent uplift.
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How this is calculated

Multiplication is the asterisk operator: =B2*C2. PRODUCT(range) multiplies a whole range together, which is rarely what you want. SUMPRODUCT(range1, range2) multiplies the ranges row by row and totals the result, which usually is.

Frequently asked
PRODUCT or SUMPRODUCT?

PRODUCT multiplies everything in a range by everything else, giving one enormous number that is almost never useful. SUMPRODUCT pairs the ranges row by row and adds the results, which is the line-total-then-sum that people actually want.

Why did my rate stop working halfway down?

The rate reference was not locked. B1 becomes B2 on the next row and B3 after that, so the lower rows multiply by whatever happens to sit there, often a blank, giving zero. Write it as $B$1.

How do I multiply by a percentage?

Multiply by the decimal or by a cell formatted as a percentage: =B2*0.18 or =B2*$B$1 where B1 shows 18 percent. Excel stores a percentage as its decimal, so the arithmetic works either way.

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