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In this Excel tutorial, the instructor demonstrates how to hide formulas in a worksheet. To begin, select the entire worksheet and navigate to Format > Format Cells. In the Protection tab, uncheck the "Locked" option and click OK. Next, to select all cells with formulas, go to the Home tab, click on Find and Select, then choose Go To Special and select Formulas. After confirming the selection, reformat these cells by repeating the process: Home tab > Format > Format Cells, and then make the necessary changes to conceal the formulas. This ensures that the formulas remain hidden from view when the cells are clicked on.