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.