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In this Excel tutorial, the presenter demonstrates how to hide formulas to prevent others from viewing them. To begin, 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 & Select, then choose Go To Special and select Formulas before clicking OK. After all formula cells are selected, format them again in a similar manner to hide the formulas effectively.