Wednesday, 18 September 2013

Percentages

There are no specific functions for calculating percentages.
You have to use the skills you were taught in your maths class at school!
Finding a percentage of a value  
Initial value120
% to find25%
Percentage value30 =D8*D9
Example 1
A company is about to give its staff a pay rise.
The wages department need to calculate the increases.
Staff on different grades get different pay rises.
Grade% Rise
A10%
B15%
C20%
NameGradeOld SalaryIncrease
AlanA £      10,000  £      1,000  =E23*LOOKUP(D23,$C$18:$C$20,$D$18:$D$20)
BobB £      20,000  £      3,000  =E24*LOOKUP(D24,$C$18:$C$20,$D$18:$D$20)
CarolC £      30,000  £      6,000  =E25*LOOKUP(D25,$C$18:$C$20,$D$18:$D$20)
DavidB £      25,000  £      3,750  =E26*LOOKUP(D26,$C$18:$C$20,$D$18:$D$20)
ElaineC £      32,000  £      6,400  =E27*LOOKUP(D27,$C$18:$C$20,$D$18:$D$20)
FrankA £      12,000  £      1,200  =E28*LOOKUP(D28,$C$18:$C$20,$D$18:$D$20)
Finding a percentage increase   
Initial value120
% increase25%
Increased value150 =D33*D34+D33
Example 2
A company is about to give its staff a pay rise.
The wages department need to calculate the new salary including the % increase.
Staff on different grades get different pay rises.
Grade% Rise
A10%
B15%
C20%
NameGradeOld SalaryIncrease
AlanA £      10,000  £    11,000  =E48*LOOKUP(D48,$C$18:$C$20,$D$18:$D$20)+E48
BobB £      20,000  £    23,000  =E49*LOOKUP(D49,$C$18:$C$20,$D$18:$D$20)+E49
CarolC £      30,000  £    36,000  =E50*LOOKUP(D50,$C$18:$C$20,$D$18:$D$20)+E50
DavidB £      25,000  £    28,750  =E51*LOOKUP(D51,$C$18:$C$20,$D$18:$D$20)+E51
ElaineC £      32,000  £    38,400  =E52*LOOKUP(D52,$C$18:$C$20,$D$18:$D$20)+E52
FrankA £      12,000  £    13,200  =E53*LOOKUP(D53,$C$18:$C$20,$D$18:$D$20)+E53
Finding one value as percentage of another 
Value A120
Value B60
A as % of B50% =D59/D58
You will need to format the result as % by using the % button
on the toolbar.
Example 3
An manager has been asked to submit budget requirements for next year.
The manger needs to specify what will be required each quarter.
The manager knows what has been spent by each region in the previous year.
By analysing the past years spending, the manager hopes to predict
what will need to be spent in the next year.
Last years figures
RegionQ1Q2Q3Q4
North     9,000            2,000          9,000         7,000
South     7,000            4,000          9,000         5,000
East     2,000            8,000          7,000         3,000
West     8,000            9,000          6,000         5,000 Total
Total    26,000          23,000        31,000       20,000   100,000
Last years Quarters as % of last years Total
RegionQ1Q2Q3Q4
North9%2%9%7% =G74/$H$78
South7%4%9%5% =G75/$H$78
East2%8%7%3% =G76/$H$78
West8%9%6%5% =G77/$H$78
Total26%23%31%20% =G78/$H$78
Next years budget       150,000
Next years estimated budget requirements
RegionQ1Q2Q3Q4
North    13,500            3,000        13,500       10,500  =G82*$E$88
South    10,500            6,000        13,500         7,500  =G83*$E$88
East     3,000          12,000        10,500         4,500  =G84*$E$88
West    12,000          13,500          9,000         7,500 Total
Total    39,000          34,500        46,500       30,000   150,000
Finding an original value after an increase has been applied
Increased value150
% increase25%
Original value120 =D100/(100%+D101)
Example 4
An employ has to submit an expenses claim for travelling and accommodation.
The claim needs to show the VAT tax portion of each receipt.
Unfortunately the receipts held by the employee only show the total amount.
The employee needs to split this total to show the original value and the VAT amount.
VAT rate17.50%
ReceiptTotalActual ValueVat Value
Petrol £   10.00  £          8.51  £        1.49  =D113-D113/(100%+$D$110)
Hotel £ 235.00  £      200.00  £      35.00
Petrol £ 117.50  £      100.00  £      17.50
 =D115/(100%+$D$110)

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