Formula To Calculate Percentage In Excel
Formula To Calculate Percentage In Excel – In this tutorial, we will learn three different ways to calculate percentage increase in Excel. They are all valid and can be used interchangeably to achieve the same result.
Let’s say we need to increase the three values that appear in column B by 10%, and we want to display the result in column C.
Formula To Calculate Percentage In Excel
Click on cell C3, enter the equal sign, and enter B3 multiply by 1.1. Excel will use this formula to increase the original value in cell B3 by 10%.
Ways To Calculate Precision
If you need to increase the value by 20%, just multiply B3 by 1.2. Method 2 How to calculate percentage increase in Excel
Go to cell C4 and enter the equal sign again. Then click on the value you want to increase, in this case B4. We will multiply it by “110%,” which is exactly 100% as the original total cost plus 10% of this value as the desired increment.
Note that this number must be expressed in percentages. If we want to increase the value by 30%, we will multiply it by “130%” and this is the trick!
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Select cell C5 and type the equals sign. Continue to enter the signal of the price we want to increase, which is B5. And now we will add 10% to this value by typing the plus sign, then “B5”, but the value from B5 must be multiplied by 0.1.
This formula adds 10% of the value to the value itself. Here’s how we can calculate the 10% increase in value.
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Table of Contents Anatomy of the SUMIF Function Real-World Examples of Calculating a Percentage as a Ratio in Excel How to Calculate a Percentage as a Ratio in Excel
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In mathematics, a ratio is basically a comparison of two numbers. This is the case when the two proportions are equal to each other. Simply put, it is a part or part in comparison with or in relation to a whole group or number.
A percentage is a part of 100. For example, 50 of 0f 100 or in percentage format, 50%. So what is the relationship between rate and percentage?
First, they both relate to a part of the whole. When we multiply a proportion by 100, we get the percentage of the parts taken of the whole. Similarly, we get the ratio by multiplying the percentage by the whole.
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We will go over two ways to calculate percentages as ratios in Excel depending on the dataset. The first is simply dividing the portion or sample value by the whole or total value. The second is to use the SUMIF function.
Let’s say you are a teacher who wants to calculate a student’s test score percentage. So you want to know the percentage of students who scored 85 out of 100 on the exam.
In this example, you can find the percentage as a ratio by dividing 85 by 100. Moreover, you can do this task quickly and easily in Excel, especially when you are dealing with large amounts of data.
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Let’s take a look at our sample data. For example, we want to find the percentage of each product ordered out of the total products ordered.
In this case, we have the total number of products needed, which makes this calculation easy. The formula for calculating a percentage in Excel is simply Parts / Total = Percentage.
Basically, we just need to divide the number of specific products needed by the total number of products needed.
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Now let’s look at another situation. For example, we want to calculate the percentage as a percentage of only certain products. In this case, we just want to know the percentage of juice needed in the total product needed.
In this case, we will use the SUMIF function. First, we need to enter the criteria, which in this example should be juice. After that, we need to select the desired group of products. Finally, divide by the total product required. And tada! We can find the percentage of the requested juice product.
1. First, type the equal sign = to start the calculation. Next, select the cell that contains the fraction or percentage you want to calculate. In this case, we choose B2. Finally, divide that by the total number of products needed in B7.
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Also, we will attach B7 to convert it to an absolute cell reference. This makes it the denominator when we drag the formula down. So the whole formula should be =B2/$B$7.
3. Next, we need to change the result from a decimal number to a percentage. To do this, go to the home page and click on the number format drop-down menu. Then select the rate.
4. If there are decimal places on the percentages, we can simply delete them. First, select the percentage column with right-click. Then click on Number Format.
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5. In the Number Format window, go to the Percentage category. and change the decimal places to zero. Finally, click OK to apply the changes.
6. Now let’s calculate the percentage of only certain products. First, let’s create a table where we will enter the result. Decide which product you will use, in this case juice. Also, we will use this as a cell reference.
7. Next, type “=SUMIF” to start the function. Next, select the range containing the products A11:A15, and select the cell containing the product you are looking for, which is G10. This will be our criteria.
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Finally, select the order quantity range B11:B15, and divide everything by the total number of products ordered. So the whole formula should be =SUMIF(A11:A15;G10;B11:B15)/$B$16.
8. Again, we need to change the result from a decimal number to a percentage. So right click on the decimal point and choose number format. Next, select the Percentage category and change the decimal place to zero. Finally, click OK to apply the changes.
Great! That’s pretty much it. You learned how to calculate a percentage as a ratio in Excel using the basic formula and the SUMIF function.
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