What are the benefits of using range names in Excel fomulas?

Answer 1

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.

Answer 2

It can make formulas easier to read and understand, like this, where you have a range of cells given the name Sales:

=SUM(Sales)

It also means users don't have to know the exact cell references in order to build the formulas. It reduces errors, as with cell ranges a user could type an incorrect range, whereas using a named range will always use the correct cells, providing it has been set up correctly.

Answer 3

It reduces down the mistakes people make by typing incorrect cell references. It can be easier to remember them than remembering cell references. It can make your formulas make more sense when you look at them so that it is easier to know what they are doing. Something like =Sales+Tax is more obvious than =B40+C5 when you look at them. It is particularly useful when your formulas are long and complex.