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In this Excel tutorial, the instructor demonstrates how to hide formulas in a spreadsheet. First, select the entire worksheet and navigate to Format > Format Cells, then uncheck the "Locked" option in the Protection tab. After this, select all cells containing formulas by going to the Home tab, clicking on Find and Select, then Go To Special, and selecting Formulas. Once all formula cells are highlighted, return to Format > Format Cells to adjust the settings accordingly. This effectively hides the formulas from view when the corresponding cell is clicked.