In this article, we will learn about how to calculate the percent for the sold product in excel.
Get the Percent for the sold product data in excel using a simple formula. Divide the sold product amount by total amount of the product.
Syntax for the formula:
Generally, In mathematics we need to multiply the result by 100 to get the percentage value but whereas Excel considers decimal as a percentage value. And you can change its formatting to percent by selecting the percent option in Home > % (symbol under Number section) as shown in the below snapshot.
Let’s understand this formula using in the example shown below.
Here we will use the percentage value formula to get the percent value for the data.
Use the Formula in D3 cell
Explanation : The sold amount will be divided by the total amount for a product.
Here the values to the function is given as cell reference.
As you can see in the above snapshot first old Amount before increment is 91% .
Copy the formula in the remaining cells using Ctrl + D shortcut, to get the New Amount for the rest of the values in the table.
In the above snapshot the mathematical formula is used to get the Percentage value for the sold product amount in excel.
Hope you understood how to calculate the percent for the sold product in excel. Explore more articles on Mathematical formulation like Increase by percentage and Profit margin percentage in Excel here. Mention your queries in the comment box below. We will help you with it.
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