In Excel How To Calculate Percentage
In Excel How To Calculate Percentage – In this tutorial, you will learn three ways to calculate percentage increase in Excel. They are all exact and can be used interchangeably to achieve the same result.
Suppose you need to increase these three values in column B by 10% and display the result in column C.
In Excel How To Calculate Percentage
Click cell C3, type an equals sign and multiply B3 by 1.1. Excel uses this formula to increase the original value in cell B3 by 10%.
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To increase the value by 20%, simply multiply B3 by 1.2. Second Method How to Calculate Percentage Increase in Excel
Go to cell C4 and re-enter the equals sign. Then click on the value to be incremented (B4 in this case). Multiply this by ‘110%’. This is exactly 100% of the original total price plus 10% of this value as desired increase.
This number should be expressed as a percentage. The trick is to multiply by ‘130%’ to increase the value by 30%!
How To Calculate Percentage In Microsoft Excel
Select cell C5 and enter an equals sign. Enter B5, the reference for the price you want to keep increasing. Now we’re going to add 10% to this value by typing the plus sign and then ‘B5’. But we need to multiply the value of B5 by 0.1.
This formula adds 10% of the value to the value itself. This is how you calculate a value increase of 10%.
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How To Calculate Percentages In Excel
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Table of Contents Structure of SUMIF Function Practical Example of Calculating a Ratio as a Ratio in Excel How to Calculate a Ratio as a Ratio in Excel
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In mathematics, a ratio is essentially a comparison between two numbers. So when both ratios are equal to each other. In simple terms, it is a share or part compared to or in relation to an entire group or number.
A percentage is a part of 100. For example, 50 out of 0f 100 or 50% in percent format. So what is the relationship between percentage and ratio?
First, both belong to parts of a whole. Multiply the ratio by 100 to get the percentage of the part out of the whole. Similarly, multiply a percentage by a whole to get a percentage.
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Depending on your data set, we will cover two ways to calculate percentage as a percentage in Excel. The first is simply dividing a partial or sample value by a whole or whole value. The second is to use the SUMIF function.
Suppose you are a teacher who wants to calculate the percentage score of a student’s test result. So you want to know what the percentage score is for a student who scored 85 out of 100 on the test.
In this example, you can divide 85 by 100 to get a percentage as a percentage. And Excel makes this quick and easy, especially when dealing with large amounts of data.
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Let’s look at some sample data. For example, you want to find the percentage of each product ordered out of all products ordered.
In this case, this calculation is easy because we have the total number of products ordered. The formula for calculating a percentage by percentage in Excel is simple Part/Whole = Percentage.
Essentially, you simply divide the number of specific products ordered by the total number of products ordered.
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Now let’s look at another situation. For example, you only want to calculate a percentage for a specific product. In this case, we just want to know the percentage of juice ordered from all ordered products.
In this case, we use the SUMIF function. You must first enter your criteria. In this example it is juice. Next, you need to select the range of products you ordered. Divide by the total number of last ordered products. And voila! You can check the percentage of juice products you ordered.
1. Start the calculation by first entering the = sign. Then select the cell containing the portion or percentage you want to calculate. In this case, choose B2. Finally, divide by the total number of products ordered in B7.
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It also includes B7 to convert it to an absolute cell reference. This fixes the formula to the denominator when you drag it down. So the general formula becomes =B2/$B$7.
3. Next, we need to change the result from decimal to percentage. To do this, go to Home and click the Number format drop-down menu. Then choose a percentage.
4. If your percentages contain decimals, you can easily remove them. First, select the percentage column and right-click. Then click Number Format.
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5. In the Number Format window, go to the Percentage category. And change the number of decimals to 0. Finally, click OK to apply the changes.
6. Now let’s just calculate the percentage of a specific product. First create a table to put the results in. Specify the product you are using. In this case Juice. Also use this as a cell reference.
7. Then enter ‘=SUMIF’ to start the function. Then select the range containing products A11:A15 and select the cell containing the product you are looking for (G10). And this will be our criterion.
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Finally, select a range that covers the number of orders in B11:B15 and divide by the total number of products ordered. So the full formula becomes =SUMIF(A11:A15,G10,B11:B15)/$B$16.
8. Again, we need to change the result from decimal to percentage. So right click on the decimal point and choose Number Format. Then select the percentage category and change the decimals to zero. Finally, click OK to apply the changes.
Exorbitant! That is it. You have learned how to calculate a percentage as a percentage in Excel using basic formulas and the SUMIF function.
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This article was co-written by Gina D’Amore. Gina D’Amore is a financial accountant and founder of Love’s Accounting. With 12 years of experience, Gina specializes in working with small businesses in all areas of accounting, including economics and human resources. She holds a bachelor’s degree in economics from Manhattanville College and a certificate in accounting from MiraCosta College.
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To determine the discount or increase that the price represents, you must calculate the cost reduction percentage. This basic calculation does not require advanced algebra or calculus skills. You can make calculations in a spreadsheet program such as Microsoft Excel, but you can also calculate cost savings yourself. Currently you need to know both.
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