SUMIFS Function

The SUMIFS function returns the total value of the numbers that satisifes multiple conditions.

microsoft excel docs

This formula automatically replaces the actual condition with an array of corresponding 1's and 0's.
The 1's are used to represent when the condition is True and the 0's are used to represent when the condition is False.


microsoft excel docs

Conditional Sum Wizard

Removed in Excel 2010


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