My formula is the following

=SUM(F29/F10)*0.1

The percentage is coming out to 276%.

I only want two decimal places (27%).

Please help.

Thank you.
--
Thank you.

You are awesome!

You must be formatting the cell as %.

Try this
enter 1 in any cell and then format that cell as %... You will get 100%

To get the write figure you need to divide your formula with 100 like this
=(SUM(F29/F10)*0.1)/100
You don't need the SUM around (F29/F10)*0.1

Actually to show what percentage F29 is of F10 you just need
=(F29/F10)/100 and format the cell as %

eg. if F29 is 150 and F10 is 75 you will get 50%...
with your formula you will get 5%
"S" wrote:

My formula is the following

=SUM(F29/F10)*0.1

The percentage is coming out to 276%.

I only want two decimal places (27%).

Please help.

Thank you.
--
Thank you.

You are awesome!

================================================== ===========
About percentages in Excel

Niek Otten, July 26 2006

In Excel, percentages are stored as fractions; 15% is stored as 0.15, 100%
as 1. That makes it easy to calculate with; just multiply a number with a
percentage and you get what you need. No need to divide/multiply by 100. In
fact, if you see a calculation with percentages which has the number 100
somewhere in the formula; be very careful, it might be wrong or at least use
percentages in a way they werent meant to be used in Excel.
The conversion to a fraction happens automatically if you enter the % sign:
if you enter €œ15%€� (without the quotes) the value will be 0.15 and it will
be displayed as 15%. If you then enter 12 in the same cell, two things can
happen: It will be the number 12 or 12%. What happens in your case depends
on a setting:
ToolsOptions, Edit tab, €œEnable automatic percent entry€� (only Excel2000
and newer).
All built-in functions of Excel and all the functions in Analysis Toolpak
use this representation of percentages: be careful when supplying parameters
to these functions; never use whole numbers (like 8), always use fractions
(like 0.08 or, even better, 8%).

Frequently Asked Questions:

Q:
I have A1 and B1. How do I get C1 to show B1 as a percentage of A1?
A:
Formula in C1: =B1/A1, Format as %

Q:
I have A1 and B1. How do I show the difference as a percentage in C1?
A:
As a percentage of A1: =(B1-A1)/A1, Format as %
As a percentage of B1: =(B1-A1)/B1, Format as %

Q:
In A1 I have he end price.
In B1 I have the VAT percentage, entered like 15%
What is the formula to find the base price, excluding VAT?
A:
=A1/(1+A2)

================================================== ===========

--
Kind regards,

Niek Otten
Microsoft MVP - Excel

"S" wrote in message
...
My formula is the following

=SUM(F29/F10)*0.1

The percentage is coming out to 276%.

I only want two decimal places (27%).

Please help.

Thank you.
--
Thank you.

You are awesome!