To password protect an excel file
Step 1 - Click file
Step 2 - Click Save as
Step 3 - Select current folder
Step 4 - Click tools
Step 5 - Click general option
Step 6 - Enter Password to read and password to modify
Step 7 - Click OK
Step 8 - Click Save
Step 9 - Close the file
Step 10 - Reopen the file
Step 11 - File wants Password
Note
: If password to read and modify is same, he can open a read-only file and save it via Save-As.