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In this Excel tutorial, the presenter explains how to add and remove strikethrough formatting in Microsoft Excel. To add a 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 steps and uncheck the strikethrough option before clicking OK again. The tutorial concludes with a reminder to subscribe and an invitation to check out a playlist on Excel VBA for further learning.