RANK function performs the Ranking in a range or list of numbers. Function returns the rank position and can assigned as Highest or Lowest value as 1st rank as per order argument.
Syntax:
=RANK(number,ref,[order])
number argument is used to give number value for which ranking is required
ref argument is used to give range or list of values from which rank to measure
[order] is optional argument and Value 0 or 1 can be given as per below requirements:
[order] = 0 or omitted: Highest value will be Ranked as 1st position (example: Value 5=Rank1, 4=Rank2, 3=Rank3, 2=Rank4, 1=Rank5 and so on)
[order] = 1: Lowest value will be Ranked as 1st position (example: Value 1=Rank1, 2=Rank2, 3=Rank3, 4=Rank4, 5=Rank5 and so on)
Example 2: RANK function with [order = 1] (Lowest value is ranked first)
Example 3: RANK function with [order = 1] (Lowest value is ranked first) with Repeat values
If list of values or ref argument has duplicate values, ranking for those values will be same across
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ROUND function rounds the number value to nearest digit mentioned in argument.
ROUND function has two required arguments i.e. number and num_digits
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