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Intro to Excel / Lesson 3 of 3

Exact-match VLOOKUP

Find the right price and spot product codes that need checking.

Your scenario

Quote the right price for a customer

You are putting together a customer quote.

A customer sends product codes rather than product names. Find each price in the catalogue so you can quote accurately. If a code is missing, you need to spot it instead of quietly charging for a different product.

Work through the brief

Product catalogue

Example data for the business scenario
CodeProductUnit price
P100Notebook$12
P200Pen pack$7.50
P300Folder$18
P400Desk tray$24
Which price belongs to the requested code?An exact match, not a plausible price from the wrong product.
Need a quick refresher?

A2:C5 is a table with three columns. Its leftmost column contains unique product codes. F2 holds the code to request. Prices are numbers, not text with a currency symbol.

Put it into practice

Work through the brief

Exercise 1 of 4

Retrieve a product price

In F4, find the price for the code in F2 using VLOOKUP and A2:C5. Use FALSE for an exact match.

Take it back to work

What would you do differently?

Compare your thinking

Approximate matching can return a neighbouring code's price. Check that the requested key exists and use FALSE for an exact match.

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