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In this Excel tutorial, the presenter demonstrates how to hide formulas in a worksheet. To begin, select the entire worksheet and go to Format, then Format Cells. In the Protection tab, uncheck "Locked" and click OK. Next, to select all cells with formulas, navigate to the Home tab, click on Find & Select, and choose Go To Special. From there, select Formulas and click OK to highlight the formula cells. Finally, format these selected cells again under the Home tab by accessing Format and Format Cells to ensure that the formulas are hidden. This method allows you to protect your formulas from being viewed by others.