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In this Excel tutorial, the presenter demonstrates how to remove formulas while retaining data. Using a dataset that includes revenue, expenses, and net income, which is calculated by subtracting expenses from revenue, the process begins by selecting the entire dataset and copying it. Next, the user right-clicks to access the "Paste Special" option. In the dialog box, selecting "Values" and clicking OK allows the data to be pasted without the formulas. As a result, the formula bar displays only the values, confirming that the formulas have been removed. The tutorial emphasizes the simplicity of this method for preserving numerical data while eliminating underlying formulas.