LET
LogicalMicrosoft 365Name intermediate results inside a formula — readable and faster.
Syntax
LET(name1, value1, [name2, value2], …, calculation)
How it works
Define names once, reuse them in the final calculation. A repeated sub-expression is computed once, not every time it appears.
Examples
=LET(rate, VLOOKUP(A2, tbl, 2, 0), qty, B2, qty*rate*IF(qty>100, 0.9, 1))
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Syntax follows Microsoft’s documentation. Examples are written to be pasted into a cell and checked. Argument separators may be ; in your locale. The AI explainer runs on a free community model — verify anything important.