Instructions on how to calculate interest in Excel

The spreadsheet editor "Excel" is rightfully considered the best. Its functionality has many tools that are designed to facilitate the work of the user. Listing them all will not be enough for any article, but talking about some of the features is another matter.

how to calculate interest in excel

This article will discuss how to calculate percent in Excel. Several methods will be demonstrated by which you can easily make the necessary calculations.

Formula

First of all, before calculating the percent in Excel, you should pay attention to the formula itself, so that in the future you can use it, substituting your values. It looks like this:

= "number" / "total" * 100

Now consider its use. As an example, we will use the numbers 9 and 17, where 9 is the number and 17 is the total.

Presets

However, you shouldn’t immediately enter the formula, initially, before calculating the percent in Excel, you need to change the value to “Percent” in the “Number” group on the toolbar, you can see the more accurate location of this option later in the photo.

Example

Now let's go directly to the example. In order to find out the percentage of 9 from 17, you must do the following:

  1. Set the cursor to the desired cell.
  2. Enter an expression. In this case, it is "= 9/17" (due to the fact that we have done the presetting, multiplying by 100 is not necessary).
  3. Press ENTER.

how to calculate interest in excel

After that, a percentage value will appear in the cell - this means that everything is done correctly. Now you know how to calculate interest in Excel, but this is not all that I would like to tell in the article.

Derive the percentage from the table value

It is stupid to enter the necessary values ​​for calculating the percentage yourself if you have already compiled a table in Excel, where it would be more reasonable to use the features of the program that will accelerate this process.

So, to find out the percentage of the total, using the data in the table, you need:

  1. Place the cursor in the right place (it’s better to place it next to the number whose percentage you want to know).
  2. Enter an equal sign (=).
  3. Left-click (LMB) on the number.
  4. Put a fraction sign (/).
  5. Click LMB on the total.
  6. Press the ENTER key.

interest calculation in excel

After that, the percentage of the amount will be calculated in the place where you entered the formula. Now you know the second way how to calculate percentages in Excel.

Quick calculation of all data

Calculation of interest in Excel can be significantly accelerated if you need to calculate many rows in one column. To do this, do the following:

  1. Enter the formula in the desired cell, exactly as described in the previous section.
  2. Before the second value, which comes after the division sign (/), put the character ($), then press the right arrow and put this character again, the result should be something like this: "= E3 / $ E $ 8".
  3. Press the ENTER key to carry out the calculation.
  4. Stretch the selection along the entire length of the column with values, holding LMB the lower right corner of the selection.

interest calculation in excel

After that, all calculations will be made. As you can see, this is very convenient and much faster than entering all the formulas manually.

Source: https://habr.com/ru/post/K9769/


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