How to Multiply by Percent in Excel

Calculating percentages in Microsoft Excel is a crucial skill for anyone who works with data. In this article, we will explore how you can calculate percentages in Excel, without the need for any complex formulas or functions.

Let’s start with a simple example. Suppose you have an Excel spreadsheet with data on the number of spectators in three different basketball arenas. The first question that we can ask is what percentage of seats were occupied in the first arena. We know that the arena has a capacity of 10,000 people and there were 5,760 spectators in the arena. To calculate the percentage of seats occupied, we simply divide the number of spectators by the capacity of the arena and multiply by 100. In Excel, we can do this by typing the formula “=5760/10000” and hitting enter. The result is 57.6%, which means that 57.6% of the seats were occupied.

In the next example, suppose we know that 74% of the seats were occupied in the second arena, and we want to know how many people were in the arena. We know that the arena has a capacity of 10,000 people. To calculate the number of people in the arena, we simply multiply the percentage of seats occupied by the capacity of the arena. In Excel, we can do this by typing the formula “=74%*10000” and hitting enter. The result is 7,400 people, which means that there were 7,400 people in the arena.

Lastly, suppose we know that there were 2,500 people in the third arena and 25% of the seats were occupied. We want to know the total number of seats in the arena. To calculate the total number of seats in the arena, we simply divide the number of people in the arena by the percentage of seats occupied and multiply by 100. In Excel, we can do this by typing the formula “=2500/25%” and hitting enter. The result is 10,000 seats, which means that there are 10,000 seats in the arena.

In conclusion, calculating percentages in Excel is a straightforward process. All you need is the capacity of an arena, the number of spectators, and the percentage of seats occupied. With these three pieces of information and the simple formulas we discussed in this article, you can quickly calculate any missing value. So, next time you need to calculate percentages in Excel, use these simple techniques to save time and get accurate results.