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The Corporate Finance Institute ExcelExample 2Let us now nest OR with IF. Suppose we are given student marks and we wantthe formula to return “PASS” if marks are above 50 in Economics or above 45 inBusiness Studies and “FAIL” for marks below it.The formula to use is:We get the results below:Even if any one condition is satisfied, this function will return PASS.corporatefinanceinstitute.com120
The Corporate Finance Institute ExcelExample 3Suppose we want to highlight dates that occur on weekends. We can use theOR and WEEKDAY functions. Suppose we are given the data below:Using conditional formatting, we can highlight cells that fall on weekends. Forthat, select the cells B2:B6 and in Conditional Formatting, we will put theformula =OR(WEEKDAY(B2)=7,WEEKDAY(B2)=1, as shown below:corporatefinanceinstitute.com121
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