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hello and welcome to the second lesson of this excel course I am Simon Mansell and in this video we will learn about data entry editing and formatting in Excel letamp;#39;s get started with data entry excel can hold three kinds of data first is numeric the second is text and the third is a formula so let me show you an example here for example I write the name of a salesperson I would write my name then you can see that this is a name and this is a text that the cell is holding if I hear right my sales figures for example if I work in a sales company and I have to write my sales figure we say 100,000 now this is a number that cell is holding and in the last case I may say that my target for next year so what I target oops so bad at typing target for next year and I would say my target for next year should be 10% higher than my current sales figures then I would use a formula whenever I start a formula I started with an equal to sign so I would say equal to this value so I would select