How to used IF function in Excel ? if formula for Pass and Fail, profit and loss in excel ?

IF is one of the most popular and useful functions in Excel. Generally, you use an IF statement to test a condition and to return one value if the condition is met, and another value if the condition is not met.
In this tutorial, we are going to learn the syntax and common usages of the Excel IF function, and then take a closer look at formula examples that will hopefully prove helpful to both beginners and experienced users.
Excel IF function
Basic Excel IF statement
If then formula: things to know
How to use IF function in Excel - formula examples
IF formula for numbers
IF statement for text values
Case-sensitive IF formula
Excel IF contains partial text
Using IF function with dates
IF statement for blank and non-blank cells
Check if two cells match
IF formula to run another formula
Multiple IF statements in Excel