How to calculate percentage in excel formula

Microsoft Excel is an essential tool for businesses and individuals alike. Among its many uses is the calculation of percentages, which can be valuable in various scenarios such as determining a worker’s bonus or calculating discounts. In this article, we will guide you through the process of calculating percentage in Excel using different formulas.
1.Basic Percentage Calculation
To calculate the percentage of a specific number, follow these steps:
Step 1: Decide on the values you want to calculate as a percentage.
For example, let’s assume we want to determine what percentage 20 is out of 100.
Step 2: Divide the part (20) by the total (100).
In Excel, navigate to an empty cell and enter:
=20/100
Step 3: Now, multiply the result by 100 to get the percentage.
= (20/100) * 100
After pressing Enter, you will see that the answer is 20%.
2.Percentage Increase or Decrease
To determine the percentage increase or decrease between two numbers, use the following steps:
Step 1: Identify your initial and final values.
Let’s say we want to find out the percentage increase from 50 to 75.
Step 2: Subtract the original value from the new value.
Use this formula in Excel:
=75 – 50
Step 3: Then divide this difference by the original value.
=(75 – 50) / 50
Step4: Multiply by 100 to obtain the percentage.
=((75 – 50) / 50) * 100
The result should be a positive number (50%) if there’s an increase and a negative number if there’s a decrease.
3.Calculating Percentages of a Total
Sometimes you may need to find out what percentage multiple values contribute to a total. For instance, you have three products, and you’d like to understand the percentage of total sales each product contributed. Here’s how:
Step 1: Calculate the total sum.
Let’s say the sales for Product A are $5000, Product B are $15000, and Product C are $10000. In Excel, use:
=5000 + 15000 + 10000
Step 2: Divide each value by the total sum.
Now that you have the total sum ($30,000), divide each product sales value by it:
Product A: =5000 / 30000
Product B: =15000 / 30000
Product C: =10000 / 30000
Step3: Multiply the results by 100 to get percentages.
For all three products, multiply the respective division results by 100:
Product A: =(5000 / 30000) * 100
Product B: =(15000 / 30000) * 100
Product C: =(10000 / 30000) * 100
You’ll get percentage contributions as follows:
Product A: 16.67%
Product B: 50%
Product C: 33.33%
With these simple Excel formulas, calculating percentages is quick and easy. Remember to practice with different sets of numbers to become proficient in using these formulas. Lastly, always double-check your inputs and formulas for errors to ensure accurate results.