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In this Excel tutorial, the presenter demonstrates how to add and remove strikethrough formatting in Microsoft Excel. To add strikethrough, select the desired cells, click the arrow button to open the Format Cells dialog box, check the strikethrough option under the Effects tab, and click OK. The selected cells will then display the strikethrough. To remove it, repeat the process: click the arrow, uncheck the strikethrough option, and confirm with OK to revert the cells to normal. The presenter encourages viewers to subscribe and invites them to explore a playlist for learning Excel VBA.