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In this Excel tutorial, the presenter demonstrates how to hide formulas in a worksheet. To start, select the entire worksheet, go to the Format menu, and select Format Cells. In the Protection tab, uncheck the "Locked" option and click OK. Next, to select cells containing formulas, go to the Home tab, choose Find and Select, then Go To Special, and select Formulas. After clicking OK, all formula cells will be highlighted. Finally, format these selected cells again by navigating to the Home tab and accessing Format Cells for further protection. This method ensures that users cannot view the formulas within those cells.