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Jul 25, 2023 5:58 PM

# LOOKUP Beats XLOOKUP at Approximate Match for Discounts, Taxes

## The focus of the content is predominantly on the efficiency of LOOKUP

LOOKUP formula is faster for creating approximate match lookups with discount, tax, or commission lookup tables than XLOOKUP. The focus of the content is predominantly on the efficiency of LOOKUP in comparison to XLOOKUP when performing a variety of functionalities. Topics discussed include approach and usage of Approximate Match Lookup (00:50), XLOOKUP (01:05), and LOOKUP (01:28). The resource also offers links to video tutorials and other learning materials.

• LOOKUP formula utilized for creating lookup tables for tax, commissions, and discounts.
• Compared to XLOOKUP, LOOKUP offered faster computations.
• The content touches on Approximate Match Lookup.
• It also delves into XLOOKUP.
• The talk later shifts focus to LOOKUP.
• Video links and further resources were shared at the end.

## Further Insights into LOOKUP and XLOOKUP

The LOOKUP and XLOOKUP functions in Excel provide an efficient way of matching and retrieving data. Their applications are substantial in data analytics, with LOOKUP proving advantageous regarding speed in creating approximate match lookups, especially for Discount, Tax, or Commission tables. While XLOOKUP is a more recent and advanced formula, it seems that for specific needs, such as speed in computations related to lookup tables, LOOKUP may still prove advantageous.

## Learn about LOOKUP Beats XLOOKUP at Approximate Match for Discounts, Taxes, Commissions. EMT 1828

Microsoft Excel users should learn how to use LOOKUP and XLOOKUP for approximate match lookups when dealing with discounts, taxes, and commissions. LOOKUP is faster than XLOOKUP for this purpose. The user should understand the basics of approximate match lookups, how XLOOKUP works and how to use LOOKUP. Other related topics include analytics, analysis, data analytics, Excel MVP, Power BI, Power Query, Power BI Desktop, free classes, Excel classes, Power Query tutorials, Microsoft Excel, and Microsoft MVP. Understanding the differences between LOOKUP and XLOOKUP can greatly improve a user's ability to work with discount, tax, and commission lookup tables in Excel.

### More links on about LOOKUP Beats XLOOKUP at Approximate Match for Discounts, Taxes, Commissions. EMT 1828

ExcelIsFun
LOOKUP Beats XLOOKUP at Approximate Match for Discounts, Taxes, Commissions. EMT 1828 ... Lookup functions: XLOOKUP and FILTER, Data Validation 8.
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At each row, XLOOKUP looks up the quantity in column E in the range B5:B13. When an exact match is found, the corresponding discount in column C is returned.
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### Keywords

Approximate Match, Discounts, Taxes, Commissions, LOOKUP, XLOOKUP, EMT 1828, Excel File, PowerQuery, Power BI

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