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Default If Condition Confusion

Hi,

I used a if condition and whenever the condition is false i have given the
formula to return the values as blank (using "" without space). If i apply
the formula over the col wherever it is false it is showing as Blank but if I
use count formula the blank cells are also counted. I cant see any characters
in the cell but the count formula is still counting. Can you pls. help me
where i am wrong.

Thanks in advance

 
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