How to calculate change in excel
Microsoft Excel is a powerful tool when it comes to handling data and complex calculations. One of the common tasks you might need to perform in Excel is calculating change between two values, such as comparing revenue for two different years or measuring progress in a project. In this article, we will walk you through the process of calculating change in Excel using straightforward steps.
Step 1: Prepare Your Data
To start, organize your data in columns or rows depending on your preference. For this example, let’s assume you have the following dataset representing sales revenue for Year 1 and Year 2:
Year 1 | Year 2
————–
1000 | 1200
2000 | 2500
1500 | 1700
2300 | 2100
Step 2: Calculate the Difference Between Two Values
The first step to calculate change is finding the difference between two values (Year 2 – Year 1). In an empty cell, type the formula “=B2-A2” (without quotes) and press Enter. This will compute the difference between cells B2 (Year 2) and A2 (Year 1).
Year 1 | Year 2 | Difference
—— | —— | ———-
1000 | 1200 | 200
2000 | 2500 |
1500 | 1700 |
2300 | 2100 |
Drag down this formula for all remaining rows.
Step 3: Calculate the Percentage Change
Now it’s time to compute the percentage change. In another empty cell, type the formula “=(C2/A2)*100” (without quotes) and press Enter. This will calculate the percentage change which is equal to (Difference/Year 1)*100.
Year 1 | Year 2 | Difference | % Change
—— | —— | ———- | ——–
1000 | 1200 | 200 | 20
2000 | 2500 |
1500 | 1700 |
2300 | 2100 |
Copy this formula down for the remaining rows to obtain the percentage change for each data point.
Step 4: Format Cells as Percentages (Optional)
To make your values more readable, you can format your percentage change cells as percent values. Click on the cell, then right-click and select ‘Format Cells.’ In the ‘Category’ box, choose ‘Percentage,’ set the desired decimal places, and click ‘OK.’
You have now successfully calculated change in Excel! By following these steps, you can easily calculate differences and percentage changes between your datasets. This method can be applied to any numerical data, making it easier for you to analyze data and make informed decisions based on your findings.