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In this tutorial, the presenter explains how to hide formulas in Microsoft Excel. The process begins by selecting the entire worksheet and accessing the format cells option to uncheck the "locked" box in the protection tab. After confirming the changes, the user should select all the cells containing formulas. This can be done by clicking on the "Home" tab, then "Find and Select," followed by "Go To Special," and choosing "Formulas." Once selected, the user needs to format these cells again through the "Format Cells" option under the "Home" tab to complete the hiding process.