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Tag: Formulas and Functions

How to calculate percentage of total in Excel

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To calculate percent of a total (i.e. calculate a percent distribution), you can use a formula that simply divides an amount by the total. Formula =amount/total Explanation In the example shown, the formula in D6 is: =C6/$C$11 Note: the result is formatted with Percentage number format to show 25%, 10%, etc. How the formula works In the …

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How to calculate decrease by percentage in Excel

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If you need to decrease a number by a certain percentage, you can use a simple formula that multiplies the number times the percent – 1. Formula =number*(1-percent) Explanation In the example, the active cell contains this formula: =C6*(1-D6) In this case, Excel first calculates the result of 1 – the value in D6 (.2) …

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How to calculate profit margin percentage in Excel

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If you need to calculate a profit margin, you can easily do so with a simple formula that uses the sale price and the cost. Formula =(price-cost)/price Explanation In the example shown, the first formula looks like this: =(B4-C4)/B4 Make sure you use parentheses to control the order of operations. Note that the result will …

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How to calculate total from percentage in Excel

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If you have an amount and the percentage that the amount represents of a total, you can calculate the total with a formula that simply divides the amount by the percentage. Formula = amount / percent Explanation In the example, the active cell contains this formula: =C6/D6 Excel simply divides the value in cell C6 …

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How to increase by percentage in Excel

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If you need to increase a number by a certain percentage, you can use a simple formula that multiplies the number times the percent + 1. Formula =number*(1+percent) Explanation How this formula works In the example, the active cell contains this formula: =C6*(1+D6) In this case, Excel first calculates the result of 1 + the …

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How to calculate percent of goal in Excel

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If you need to calculate percent of goal, you can do so with a simple formula that divides the actual by the goal amount, with the result formatted using the percentage number format. This same formula can be used to calculate things like percent of target, percent of budget, percent of forecast, and so on. …

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How to calculate percent of students absent in Excel

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To calculate percent of students attending a class, given a total class size and the number of students attending, you can use a simple formula that divides students absent (calculated by subtracting attending from total) by the total. The result must be formatted using the percentage number format. Formula =(total-attended)/total Note: when working manually, percentage results …

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How to calculate percent sold in Excel

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To calculate percentage sold, you can use a simple formula that divides sold amount by the total amount. Formula =sold/total Note: when working manually, percentage results are calculated by dividing one number by another, then multiplying by 100 to express as a percentage. However, because Excel can display decimal or fractional values automatically as a percentage by applying …

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Superscript and Subscript in Excel

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Superscript or Subscript generally is a number, figure, symbol, or indicator that is smaller than the normal line of type and is set slightly below it (subscript) or above it (superscript). It’s easy to format a character as superscript  or subscript in Excel. 1. For example, double click cell A1. 2. Select the value 2. 3. Right click, and then click Format …

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Examples of Sum with Or Criteria in Excel

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How to sum data based upon multiple criteria? Summing with Or criteria in Excel can be tricky. This article shows several easy to follow examples. 1. We start simple. For example, we want to sum the cells that meet the following criteria: Google or Facebook (one criteria range). 2a. However, if we want to sum the cells that meet the following criteria: …

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Find Most Frequently Occurring Word in Excel Worksheet

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Example of how to find the most frequently occurring word in an Excel Worksheet. You can use the MODE function to find the most frequently occurring number. However, the MODE function only works with numbers. You can use the COUNTIF function to count the number of occurrences of each word. However, we are looking for a single formula that returns the most …

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Subtotal function in Excel

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The SUBTOTAL function ignores any rows that are not included in the result of a filter, no matter which function_num value you use. The SUBTOTAL function is designed for columns of data, or vertical ranges. Use the SUBTOTAL function in Excel instead of SUM, COUNT, MAX, etc. to ignore rows hidden by a filter or manually hidden rows. Rows …

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How to get Holiday Date from Year in Excel

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This example teaches you how to get the date of a holiday for any year (2019, 2020, etc). Before you start: the CHOOSE function returns a value from a list of values, based on a position number. For example, =CHOOSE(3,”Car”,”Train”,”Boat”,”Plane”) returns Boat. The WEEKDAY function returns a number from 1 (Sunday) to 7 (Saturday) representing the day of the week of …

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Excel Functions by Categories

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This page provides a complete Excel Functions list, grouped by category. Each of the function links will take you to a dedicated page, where you will find a description of the function, with examples of use and details of common errors. Text Functions Logical Functions Information Functions Date and Time Functions Lookup and Reference Functions …

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Excel Two-Way Lookup Example

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This example teaches you how to lookup a value in a two-dimensional range. We use the INDEX and the MATCH function in Excel. Below you can find the sales of different ice cream flavors in each month. 1. To find the position of Feb in the range A2:A13, use the MATCH function. The result is 2. 2. To find …

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Find, Trace and Correct Errors in Excel Formulas using ‘Formula Auditing’

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Formula auditing in Excel allows you find and correct errors in formulas. Also, displays the relationship between formulas and cells using Trace Precedents, Remove Arrows, Trace Dependents, Show Formulas, Error Checking and Evaluate Formula. The example below helps you master Formula Auditing quickly and easily. Trace Precedents You have to pay $96.00. To show arrows that indicate which cells are used …

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Floating Point Errors in Excel

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Floating point numbers are numbers that follow after a decimal point. Excel stores and calculates floating point numbers. On the other hand, excel cannot store numbers with very large floating points, so for the function to work correctly, the floating point numbers will need to be rounded to 5 decimal places. i.e The result of a …

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Find Percentage Change Between Numbers

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The percent change formula is used very often in Excel. For example, to calculate the Monthly Change and Total Change. 1a. Select cell C3 and enter the formula shown below. 1b. Select cell C3. On the Home tab, in the Number group, apply a Percentage format. 1c. Select cell C3, click on the lower right corner of cell …

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25 Basic Excel Formulas and Functions Worked Examples

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Mastering the basic Excel formulas is critical for beginners to become highly proficient in data analysis. A formula is an expression which calculates the value of a cell. Functions are predefined formulas and are already available in Excel. Every formula in Excel starts with an equal sign, then the function name and in bracket a …

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How To Create Budget in Excel

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This chapter shows you one of the many powerful features Excel has to offer. The example below illustrates how to create a budget in Excel. 1. Enter the different type of income and expenses in column A. Note: On the Home tab, in the Font group, you can use the different commands to change the font size and font …

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Sum Largest Numbers using LARGE function in Excel

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LARGE function example shows you how to create an array formula that sums the largest numbers in a range. Syntax: LARGE(array, k) Returns the k-th largest value in a data set.  You can use LARGE to return the highest, runner-up, or third-place score. For example, 1. Find the second to largest number, use the following function. 2. To sum …

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Transpose: Switch ‘Rows to Columns’ or ‘Columns to Rows’ in Excel

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Paste Special Transpose Transpose Function Use the ‘Paste Special Transpose’ option to switch rows to columns or columns to rows in Excel. You can also use the TRANSPOSE function. Paste Special Transpose To transpose data, execute the following steps. 1. Select the range A1:C1. 2. Right click, and then click Copy. 3. Select cell E2. 4. Right …

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Paste Special Operations in Excel

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Use the ‘Paste Special Operations’ to quickly perform operations on a range of cells in Excel. 1. Select cell D3. 2. Right click, and then click Copy. 3. Select the range A1:B8. 4. Right click, and then click Paste Special. 5. Click Multiply. Note: you can also Divide, Add or Subtract a value. 6. Click OK. …

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How to enter Today’s Date or Static Date and Time in Excel

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To enter today’s date in Excel, use the TODAY function. To enter the current date and time, use the NOW function. To enter the current date and time as a static value, use keyboard shortcuts. Today and Now 1. To enter today’s date in Excel, use the TODAY function. Note: the TODAY function takes no arguments. This date will …

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Calculate Compound Interest in Excel

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What’s compound interest and what’s the formula for compound interest in Excel? How to Calculate Compound Interest in Excel This example gives you the answers to these questions. 1. Assume you put $100 into a bank. How much will your investment be worth after one year at an annual interest rate of 8%? The answer is $108. 2. …

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How to Count Number of Characters in a Cell or Range of Cells in Excel

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Learn how to count the number of characters in a cell or range of cells and how to count how many times a specific character occurs in a cell or range of cells. 1. The LEN function in Excel counts the number of characters in a cell. Explanation: the LEN function counts 2 numbers, 1 space and 6 letters. …

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How to calculate Quarter of Date in Excel

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An easy formula that returns the quarter for a given date. There’s no built-in function in Excel that can do this. 1. Enter the formula shown below. Explanation: ROUNDUP(x,0) always rounds x up to the nearest integer. The MONTH function returns the month number of a date. In this example, the formula reduces to =ROUNDUP(5/3,0), =ROUNDUP(1.666667,0), 2. May is …

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Count Cells with Text in Excel

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This page illustrates multiple ways to count cells with text in Excel. COUNTIF function to count cells that contain specific text. And COUNTIFS function counts cells based on two or more criteria. 1. Use the COUNTIF function and the asterisk symbol (*) to count cells with text. 2. You can also create an array formula to count cells with text. …

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How to get number of days, weeks, months or years between two dates in Excel

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To get the number of days, weeks or years between two dates in Excel, use the DATEDIF function. The DATEDIF function has three arguments. 1. Fill in “d” for the third argument to get the number of days between two dates. Note: =A2-A1 produces the exact same result! 2. Fill in “m” for the third argument to …

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How To Skip Blanks Using Paste in Excel

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Normally, when you copy a range of data cells into a new range that contains data already, it overwrites the new range. But, what if you want to add content from new range excluding blanks to the old cell range. Use the ‘Paste Special Skip Blanks’ option and Excel will not overwrite existing values with blanks. 1. Select the range B1:B12. 2. Right …

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How to create simple Time Sheet in Excel

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This example teaches you how to create a simple timesheet calculator in Excel. Cells that contain formulas are colored light yellow. 1. To automatically calculate the next 4 days and dates when you enter a start date, use the formulas below. 2. Select the cells containing the times. 3. Right click, click Format Cells, and select the right …

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How to Separate Text Strings in Excel

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This example teaches you how to separate strings in Excel. Asides from using ‘Convert Text to Columns Wizard’ in data tab, you can as well follow the steps below to Separate Text Strings in Excel . The problem we are dealing with is that we need to tell Excel where we want to separate the string. In case of …

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Find Last Day of the Month in Excel

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To get the date of the last day of the month in Excel, use the EOMONTH (End of Month) function. 1. For example, get the date of the last day of the current month. Note: the EOMONTH function returns the serial number of the date. Apply a Date format to display the date. 2. For example, get the date of …

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How to calculate number of Days until Birthday

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To calculate the number of days until your birthday in Excel, execute the following steps. 1. Enter the date of birth into cell A2. 2. Enter the TODAY function into cell B2 to return today’s date. 3. The most difficult part in order to get the number of days until your birthday is to find your next birthday. The formula …

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How to get Weekdays, Working days between Two Dates in Excel

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Learn how to get the day of the week of a date in Excel and how to get the number of weekdays/working days between two dates. Weekday Function 1. The WEEKDAY function in Excel returns a number from 1 (Sunday) to 7 (Saturday) representing the day of the week of a date. Apparently, 12/18/2017 falls on a Monday. 2. You can …

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How to Copy, Paste and Retain Exact Copied Formula in another Cell in Excel

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When you copy a formula, Excel automatically adjusts the cell references for each new cell the formula is copied to. For example, cell A3 below contains a formula which adds the value of cell A2 to the value of cell A1. When you copy this formula to cell B3 (select cell A3, press CTRL + c, select …

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How to Calculate Age in Excel

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To calculate the age of a person in Excel, use the DATEDIF function and the TODAY function. The DATEDIF function has three arguments. 1. Enter the date of birth into cell A2. 2. Enter the TODAY function into cell B2 to return today’s date. 3. The DATEDIF function below calculates the age of a person. Note: fill …

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How to calculate Number of Instances in Excel

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This example describes how to count the number of instances of text (or a number) in a cell. 1. Use the LEN function to get the length of the string (25 characters, including spaces). 2. The SUBSTITUTE function replaces existing text with new text in a string. LEN(SUBSTITUTE(A1,B1,””)) equals 13 (the length of the string without …

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Cell References: Relative, Absolute and Mixed Referencing Examples

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Cell references in Excel are very important. Building a structure or a template in excel using formula one needs to understand the difference between relative, absolute and mixed reference. Relative Reference To identify relative referencing, it is simply the ‘cell name’  as illustrated below. N/B: Cell Name comprises of a column label and a row number of …

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Subtract Numbers in Excel

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There’s no SUBTRACT function in Excel. However, there are several ways to subtract numbers in Excel. Are you ready to improve your Excel skills? 1. For example, the formula below subtracts numbers in a cell. Simply use the minus sign (-). Don’t forget, always start a formula with an equal sign (=). 2. The formula below subtracts the …

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