Formulas - 2026-05-12

Excel Percentage Formula: Complete Guide

Learn how to calculate percentages in Excel, including percent of total, percentage increase, percentage decrease, discounts, margins, and completion rates.

How Percentages Work in Excel

  • Excel stores percentages as decimal values. For example, 25% is stored as 0.25. When you apply percentage formatting, Excel displays the value as a percentage. Basic percentage formula: \\\ =part/total \\\ Then format the result as Percentage.

Percent of Total

  • If sales are in B2 and total sales are in B10: \\\ =B2/$B$10 \\\ Use an absolute reference for the total so the denominator stays fixed when copied down.

Percentage Increase

  • To calculate growth from old value to new value: \\\ =(NewValue-OldValue)/OldValue \\\ Example: \\\ =(C2-B2)/B2 \\\ Format the result as Percentage.

Percentage Decrease

  • The formula is the same: \\\ =(NewValue-OldValue)/OldValue \\\ If the new value is lower, the result will be negative.

Discount Formula

  • To calculate the final price after a discount: \\\ =Price*(1-Discount) \\\ Example: \\\ =A2*(1-B2) \\\ If A2 is 100 and B2 is 20%, the result is 80.

Profit Margin

  • Profit margin shows profit as a percentage of revenue: \\\ =(Revenue-Cost)/Revenue \\\ Example: \\\ =(B2-C2)/B2 \\\

Related Guides

  • Absolute Reference in Excel SUM function AVERAGE function ROUND function

Percentage Formula Table

  • Need Formula Percent of total =Part/Total Percent increase =(New-Old)/Old Percent decrease =(New-Old)/Old Discounted price =Price*(1-Discount) Profit margin =(Revenue-Cost)/Revenue Completion rate =Completed/Total

Expert Formatting Advice

  • Do not multiply by 100 if the cell is formatted as Percentage. Excel stores 25% as 0.25, and percentage formatting handles the display. Use absolute references for fixed totals: \\\ =B2/$B$10 \\\ This keeps the total fixed when the formula is copied down.

Related Guides

  • Review Absolute Reference in Excel, SUM, AVERAGE, and ROUND for clean percentage reports.

Percent vs percentage points

  • A rise from 10% to 15% is a 5 percentage point increase but a 50% relative increase. Label reports clearly to avoid executive misreads. Pivot shortcut: Value Field Settings → Show Values As → % of Grand Total.

Frequently asked questions

  • What is the basic percentage formula in Excel? Use =part/total, then format the result as Percentage.
  • How do I calculate percentage increase in Excel? Use =(new value - old value) / old value, then apply percentage formatting.
  • Why is my Excel percentage 2500% instead of 25%? You probably multiplied by 100 and also applied percentage formatting. Use the decimal result and format as Percentage.
  • How do I calculate percentage of total by row? Divide each row value by the grand total and lock the total cell with an absolute reference.