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In this Excel tutorial, the presenter demonstrates how to hide formulas in a worksheet. To start, select the entire worksheet and navigate to Format > Format Cells. In the Protection tab, uncheck the "Locked" option and click OK. Next, select all cells containing formulas by going to Home > Find and Select > Go To Special, then choose "Formulas" and click OK. This will highlight all formula cells. Finally, format these selected cells again by going to Home > Format > Format Cells to set the protection and hide the formulas.