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How can I calculate the percentage change between two numbers?

Looking to crunch numbers and track changes like a pro? Discover how to effortlessly calculate the percentage change between two figures in Excel. Master this feature to monitor growth, fluctuations, and trends with ease. Keep your data analysis sharp and stay ahead of the game. Ready to dive into the world of percentage changes? Let's excel at it together!

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How can I calculate the percentage change between two numbers?

Introduction:

You've got two numbers, and you need to calculate the percentage change between them. Sounds like a job for Excel! This 'how-to tutorial' will guide you on how to calculate the percentage change between two numbers using Microsoft Excel, one of the most popular and powerful spreadsheet tools. Let's dive right in and get started.

Relevant Information:

Excel offers an array of functions that make crunching complex numbers a breeze. One of such functions is 'percentage change'. It's essential for financial analysis, sales reviews, or any scenario where you need to measure growth or decline over a period.

And regularly using ExcelBundle.com templates can expedite the process and greatly enhance productivity.

More Details:

To keep things simple, let's assume you need to find out the percentage change from a previous price of $50 to a current price of $75.

Step 1: Enter your numbers:

Firstly, open Excel and input your two numbers in separate cells. For our example, you can enter 50 in cell A1 and 75 in cell B1.

Step 2: Start the formula:

Click on an empty cell where you want the percentage change to appear. Then, type the equals sign to tell Excel a formula is coming.

Step 3: Type in the formula:

Now, here's the actual formula for calculating percentage change:

(B - A) / ABS(A)

Where A refers to the earlier number and B refers to the later number. We want the absolute value of A in the denominator to avoid any potential issues with negative numbers. To perform this calculation in Excel, you would type the following formula

(B1 - A1) / ABS(A1)

and press 'Enter'.

Step 4: Format the result as a percentage:

You have the result, but it's not yet formatted as a percentage. To fix this, select the cell you performed the calculation in, click the 'Home' tab, and in the 'Number' group, click the 'Percentage Style' box.

Tips and Tricks:

Don’t forget to multiply the result by 100 to get the percentage! Excel doesn't do this automatically for percentage calculations. It’s quick to do. After formatting your cell as 'Percentage', Excel automatically multiplies the value by 100 for you.

Did you know, you can use the ExcelBundle templates library for a jump-start on complex calculations? Stocked with readymade examples, these can really save time with your percentages and other Excel tasks.

Conclusion:

Calculating the percentage change between two numbers in Excel is an invaluable skill, whether for financial forecasting, sales reporting, or realizing your diet goals. Hopefully, you now feel confident in performing this calculation for any pair of numbers. Remember, an Excel Bundle template can simplify your workload even further!

Keep exploring, keep learning, and keep making the most out of Excel!

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