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The tutorial explains a simple trick to reduce the size of an Excel file. The key points include removing conditional formatting, pasting special values on unnecessary formulas, clearing formatting like borders, cell colors, and text styles, unhiding hidden columns, rows, and sheets, and deleting them. The process involves creating an Excel file, inputting row data, copying cells, pasting them on entire columns, and saving the file. Changing the file format from Excel workbook to Excel binary workbook can significantly reduce the size of the file.
