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In this video tutorial, the presenter demonstrates how to remove dollar signs and decimal points from sales data in Excel. The example involves a bill with a specific column containing amounts with dollar signs. To remove the dollar sign from individual cells, the user needs to select the desired cell, right-click, choose the "Format Cells" option, head to "Currency," then select "None" under the symbol dropdown and confirm by clicking "OK." This process is repeated for other cells as necessary. To remove the dollar sign from an entire column, the same formatting steps can be applied after selecting the entire column.