• Microsoft Excel supports eleven different data formats for data storage. Example:
• Number — This type of data is saved as a number.
• Currency - Stores information in the form of money.
• Date - Dates are used to store data.
• Percentage — This type of data is stored as a percentage.
• Text Formats — Saves information as a string of characters.
• Existing Excel workbook or worksheet with the.xls extension.
• Existing Excel workbook or worksheet with the.xlsx extension.
• Text file with the extension.csv that contains comma-separated values.
• Text file, usually with the extension.txt or.asc.
• This is the most popular and default form of extension in Microsoft Office spreadsheets.

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