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In this Excel 10 tutorial, the instructor demonstrates how to add and remove strikethrough formatting in Microsoft Excel. To apply strikethrough, select the desired cells and click on the arrow button to open the Format Cells dialog box. In the Effects section, check the strikethrough option and click OK to apply it. To remove the strikethrough, repeat the process, unchecking the strikethrough option and clicking OK again. The tutorial concludes with a reminder to subscribe and an invitation to check out a playlist on Microsoft Excel VBA.