In the GridControl, the selected ranges of formula cells are protected with the help of the ReadOnly Property. To protect a selected range of cells by using Mouse or Keyboard, Click Tools->Protection-> Protect Cells. To unprotect a selected range of cells by using Mouse or Keyboard, Click Tools->Protection->Unprotect Cells.
After applying the properties, the grid looks as follows.
Figure 1: Protect the selected range of formula cell
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