Exceljet

Quick, clean, and to the point

Percent sold

Excel formula: Percent sold
Generic formula 
=sold/total
Explanation 

To calculate percentage sold, you can use a simple formula that divides sold amount by the total amount.

In the example shown, the formula in E6 is

=D6/C6

How this formula works

This formula simply divides the told sold by the total. In cell E6, the formula is solved like this:

=D6/C6
=120/144
=0.83333

When the result is formatted using the Percentage number format .83333 is displayed as 83%.

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 the Percentage number format, there is no need to multiply by 100.

Author 
Dave Bruns

Excel Formula Training

Formulas are the key to getting things done in Excel. In this accelerated training, you'll learn how to use formulas to manipulate text, work with dates and times, lookup values with VLOOKUP and INDEX & MATCH, count and sum with criteria, dynamically rank values, and create dynamic ranges. You'll also learn how to troubleshoot, trace errors, and fix problems. Instant access. See details here.