Excel formula - auto sum for the same types

Question

I need a quick an simple excel formula to get the sum of values for different types of objects as listed below:

Type1  10 
Type1  10 
Type1  10 
Type2  10 
Type2  10 
Type2  10 
Type2  10 
Type3  10 
Type3  10

Number of items and number of types are unknown (long list), in a different worksheet I would like to get sum of types like:

Sumof Type1: 30
Sumof Type2: 40
Sumof Type3: 20

I need no VBA, just simple excel formula please..

BR

Answer 1

Use a pivot table for this.

1. Add a header row to your data ("data type", "value")
2. Select your data
3. Insert pivot table
4. Drag "data type"-header to the Row Labels area
5. Drag "value"-header to the Values area
6. Make sure it says "Sum of value" and not "Count of value" in the Values area, if not you need to double-click it and change to use sum.

You could also use the "Add subtotals" feature for this, but pivot tables are more flexible and powerful.

Answer 2

I think sumif is what you are looking for