In this article, we will see the syntax for the function, how the process works, and some examples to understand the position better. It would take days to evaluate all those numbers and find the minimum value among them. But what if you had thousands of rows of data? If you are working on numbers in Excel, looking at one or two numerical values is relatively easy. The MIN function works on a similar approach where it would scan a set of numerical values and ultimately return the number that is the minimum amongst the entire group. The rationale behind a person's action might differ amongst a population, but the point we want to get to is that the person looks at both products' prices and opts for the lower price function. If two companies, A and B, manufacture bread where the packet of bread costs $4 and $4.45, it is obvious the person would opt for the former product. When someone visits a supermarket, they always look for a good product discount.
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