Dataset Overview
We have the sales record of January 2021 of a company named Sunflower group. We have three columns A, B, and C containing the Item Name, Quantity Produced, and Number of Sales respectively.
Example 1 – Calculating the Percentage of Sales of Each Item with Respect to Quantity Produced
- Select cell E5.
- Enter the formula:
=D5/C5
- Drag the Fill Handle down to cell E11.
- Select the entire column and go to Home, select Number group and click on Select Percentage.
- The range E5:E11 displays the sales percentage values.
Example 2 – Calculating Percentage of Sales of Each Item with Respect to Total Sales
- Go to the first cell of the column where you want sales percentages (E5).
- Enter this formula:
=D5/SUM($D$5:$D$11)
- Drag the Fill Handle to cell E11.
- In the Home tab, choose Percentage from the dropdown.
- Range E5:E11 shows sales percentages relative to the total sales value.
Example 3 – Calculating Percentage of Sales of Each Item Maintaining Specific Criteria
Suppose we want to find sales percentages for items produced in quantities greater than 1400:
- Select cell E5:
- Enter the formula:
=IF(C5>1400,D5/C5,"N/A")
- Drag the Fill Handle to cell E11.
- Change the format to Percentage by selecting the whole range E5:E11 and going to Home, selecting Number group and clicking on Percentage.
Example 4 – Calculating the Target Number of Sales for Achieving a Specific Sales Percentage
If the CEO wants a 95% sales percentage:
Steps
- Select cell F5.
- Enter the formula:
=C5*95%
- Drag the Fill Handle to cell F11. The range F5:F11 displays the target sales values.
How to Calculate Sales Percentage Increase or Decrease
To analyze the impact of COVID-19 on sales between January 2020 and January 2021:
- Create a new column (F) and select its first cell (F5).
- Enter this formula:
=(E5-D5)/E5
- Drag the Fill Handle to cell F11. Range F5:F11 shows the percentage change in sales for each month.
How to Calculate Monthly Sales Percentage Change
- Select cell D6.
- Enter the following formula:
=(C6-C5)/C5
- Drag the Fill Handle down to cell D16.
- You can see the monthly percentage change of the sales value in the range of cells D5:D16.
- As the percentage values are currently in number format, we need to change them to Percentage format.
- Go to the Home tab, select Number group and select Percentage from the drop-down menu.
- After applying the Percentage format, the range of cell D5:D16 will display the sales percentage values.
Things to Remember
- Always ensure the output is in percentage format.
- When calculating percentage change, subtract the previous value from the later value and then divide this subtraction value by the previous value. Any other approach may yield incorrect results.
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