DOLLARFR Function
The DOLLARFR function in Google Sheets converts a dollar price expressed as a decimal into a fractional format.
Syntax
DOLLARFR(decimal_price, unit)
decimal_price
: The dollar price expressed as a decimal. This is a required parameter.unit
: The denominator used in the fractional price. This is a required parameter.
Examples
- Convert Decimal to Fractional
Convert a decimal price of 12.375 to a fractional price using 8 as the denominator:
=DOLLARFR(12.375, 8)
This will output 12 3/8.
Notes
- The DOLLARFR function is particularly useful in finance, where prices are often quoted in fractional terms.
- Ensure that the unit accurately reflects the denominator to avoid incorrect conversion.
Related Functions
- DOLLARDE: Convert a fractional dollar price into a decimal dollar price.