Excel Percentages Download Workbook Demo
A percent is a ratio of a number to 100 and is usually expressed using the percent (%) symbol. In Excel, a number can be expressed in a few different ways and used to calculate a percentage in Excel.
For example, 50% stands for the ratio 50:100, or .5 to 1. The following table shows the different ways that the decimal number .5 can be expressed for use in percentage calculations:
There is one very important rule to remember with percentages. When using a percentage, format your cells as a percentage first and the whole number 1 is equal to 100%. For example type 50 in any cell and hit Enter. Click back on your cell and go to Format>Cells>Number and select Percentage then click OK (or click the % icon on your Formatting toolbar). You will see that the value of your cell has changed to 5000.00%. To get 50% simply enter a value of .5, or format your cells as a percentage first
The logic of a percentage is amount / total = percentage. The attached workbook download shows three different ways that a percentage can be calculated.
Download Workbook Demo
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