# Data Formats

**Most Commonly used Data Formats in Excel:**\
\
Number – Stores data as a number

Currency – Stores data in the form of currency

Date – Data is stored as dates

Percentage – Stores numbers as a percentage

Text Formats – Stores data as string of texts

**Short Key --> Alt + H + FM (Using Alt Key Concept explained in Short Keys Section)**

![](https://2721809844-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-LR_tHSREe3Wm40fY9NG%2F-LRasc-yGWa2FhsQw5w5%2F-LRasyE8KnOV8l1HyatC%2Fimage.png?alt=media\&token=bbe6d992-6561-4262-9c54-5e6cda4fa6f5)

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Example for Data Formats
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