Please Note: This article is written for users of the following Microsoft Excel versions: 97, 2000, 2002, and 2003. If you are using a later version (Excel 2007 or later), this tip may not work for you. For a version of this tip written specifically for later versions of Excel, click here: Using the MROUND Worksheet Function.
Excel provides several different worksheet functions you can use to round a value in differing ways. For instance, you may want to round a number to some odd value, such as rounding to the nearest multiple of 7 or to the nearest 50.
For these times, you should use the MROUND worksheet function. This function is provided as part of the Analysis ToolPak; it is not inherent to Excel. To use it, install the Analysis ToolPak (which many people do when Excel is first installed), and then choose Add-Ins from the Tools menu to make sure the Analysis ToolPak is selected.
The syntax for the MROUND function is as follows:
=MROUND(num, multiple)
The num argument is the number you want to round, while multiple is the value you want used in the rounding. Thus, if you want to round to the nearest 50, then multiple would be 50.
If you decide to use MROUND, it is important to remember that num and multiple must be the same sign. If one of them is positive and the other negative, then Excel returns a #NUM! error.
ExcelTips is your source for cost-effective Microsoft Excel training. This tip (2148) applies to Microsoft Excel 97, 2000, 2002, and 2003. You can find a version of this tip for the ribbon interface of Excel (Excel 2007 and later) here: Using the MROUND Worksheet Function.
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Please Note:
This article is written for users of the following Microsoft Excel versions: 97, 2000, 2002, and 2003. If you are using a later version (Excel 2007 or later), this tip may not work for you. For a version of this tip written specifically for later versions of Excel, click here: 
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