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In this Excel tutorial, the instructor demonstrates how to hide formulas in a worksheet. To begin, the entire worksheet is selected, followed by navigating to the "Format" option and selecting "Format Cells." In the "Protection" tab, the "Locked" option is unchecked, then OK is clicked. The next step involves selecting cells that contain formulas: under the "Home" tab, the instructor uses "Find and Select," then "Go To Special," and chooses "Formulas." After selecting the relevant cells, the user needs to format them again by accessing "Format Cells" under the "Home" tab, completing the process to ensure formulas are hidden from view when clicked.