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In this Excel tutorial for beginners, the presenter explains how to hide formulas to prevent others from viewing them. To start, select the entire worksheet, go to "Format," then "Format Cells," and uncheck the "Locked" option under the Protection tab. Next, select all cells containing formulas by clicking "Find and Select" under the Home tab, then choose "Go To Special," and select "Formulas." After selecting the cells with formulas, the tutorial advises to format them again using the same steps in "Format Cells" to complete the process of hiding the formulas.