If you want to find the minimum value based on the criteria in a range,you can use MIN & IF functions to retrieve the output.
Min: Returns the smallest number from a range of cells or array. For example,if a list of numbers contains 5, 6, 7, 8, 9 & 10, then the output will be 5.
number1:These are numeric values.They can be numbers, name ranges or arrays. It is the first value argument that represents the values that you have taken as a reference.
number2:These are numeric values.They can be numbers, name ranges or arrays. It is the second value argument that represents the values that you have taken as a reference.
There can be a maximum 255 arguments.Refer below shown screenshot:
The IF function checks if a condition you specify is TRUE or FALSE. If the condition returns TRUE then it returns preset value, and if the condition returns FALSE then it returns another preset value.
Syntax = IF(logical_test,value_if_true,value_if_false)
logical_test: Logical test will test the condition or criteria.If condition meets then it returns the preset value, and if condition does not meet then it returnsanother preset value.
value_if_true: The value that you want to be returned if this argument returns TRUE.
value_if_false: The value that you want to be returned if this argument returns FALSE
Let us take an example:-
We have some codes in column A & numbers in column B.Condition is set in cell D2 & D3.We want a formula that will give the minimum value from column B based on the criteria set in cell D2 & D3.
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