How to do percentages in Excel By the Microsoft team Excel provides you different ways to calculate percentages. For example, you can use Excel to calculate the percentage of correct answers on a test, discount prices using various percent assumptions, or percent change between two values. Calculating a percentage in Excel is an easy two-step process. First, you format the cell to indicate the value is a percent, and then you build the percent formula in a cell.
Format values as percentages To show a number as a percent in Excel, you need to apply the Percentage format to the cells. You can then increase or decrease the the decimical place as needed. See Rounding issues below for more information. In Excel, the underlying value is always stored in decimal form. Excel always performs calculations on that underlying value, which is a decimal 0. Here are a few things to keep in mind when formatting percentages: To get around this, you can calculate your numbers as percentages first.
Rounding issues—Sometimes what you see in a cell e. To see the true percentage in the cell, rather than a rounded version, increase the decimal places. Again, Excel always uses the underlying value to perform calculations. Numbers equal to and larger than 1 are converted to percentages by default; numbers smaller than 1 that are not preceded with a zero are multiplied by to convert them to percentages.
This is useful when you want to type just a single percentage on your worksheet, such as a tax or commission rate. Here, the formula will be: The next example is slightly more complicated. Learn more See more examples of calculating percentages and learn more about how to format numbers as percentages. Also, start your free trial of Excel.
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