[SalesForce] Can we add a text value on number formula field

I know this question looks absurd.

Here is what i want to do. i have a formula field which is a number datatype. I just want to show the value as 'N/A' if the value if a field rate_type='ABC'.

IF( Rate_Type__c == 'ABC', Quantity , 'N/A')

This gives out an error

Error: Incorrect parameter type for function 'IF()'. Expected Number,
received Text

Is there a way to do this?

Update:

Is there a way we can keep the formatting of a number in Text formula field?

Best Answer

No, the Number datatype is purely numeric. You could set a Null value or 0 but not a text string to a Number field.

The only other way is to have a formula field returning a text value.