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In this Excel tutorial for beginners, the presenter explains how to hide formulas in a worksheet. First, select the entire worksheet, then access the format cells option and uncheck the "locked" option under the protection tab, followed by clicking OK. Next, to select all cells containing formulas, go to the Home tab, click on "Find and Select," and choose "Go to Special," then select "Formulas" and click OK. This action highlights all formula cells. Finally, the user needs to format these selected cells again to complete the process of hiding the formulas.