Functionally, there's no difference between the original VLOOKUP formula, where the 4th argument is omitted, and the one suggested by Wayne, where the 4th argument is given the value 1 (or TRUE).
As described in the excerpt from the Formulas and Functions User Guide shown in Wayne's post:
Wayne Contello wrote:
close match (TRUE, 1, or omitted): If there’s no exact match, select the column with the largest top-row value that is less than the search value.
Reproducing the table shown on my own machine produces the value (fifty-five) with either version of the formula.
I suspect that the result in C3, like any other spreadsheet cal\culation, is subject to a rounding error caused when the values in A2 and A4 are translated to binary for the calculation, then reinterpreted as a decimal value for the display. If C3 is set to show two decimal places, the actual value could be anything in the range 0.195 - 0.2099999999999. VLOOKUP uses the actual value, not the displayed value, so any actual value in the range 0.195-0.1999999999999999999 will display in C3 as 0.20, but will return the result for 0.10, 'the largest search-for value that is less than the search value.'
Try revising your C3 formula to =ROUND(ABS(A2-A4),2)
On my test table, this produced the expected result (sixty).
Regards,
Barry