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In this Excel tutorial, the presenter explains how to hide formulas in a worksheet. First, select the entire worksheet and navigate to Format > Format Cells, then uncheck the "Locked" option in the Protection tab and click OK. Next, to select all cells containing formulas, go to the Home tab, click on Find and Select, choose Go To Special, select "Formulas," and click OK. Once all formula cells are selected, format them again through the Home tab by accessing Format > Format Cells to complete the process of hiding the formulas from view. The tutorial emphasizes these steps to ensure the formulas are not visible to users who access the worksheet.