These values are 800 cookies and 450 cupcakes. The sample sets are the number of total cookies and cupcakes made in that week in the bakery. The result goes on the bottom of the division equation in the average percentage formula. This is the total number of items that are being examined in each category. The second bracket of numbers to add is the values of the sample set. This is the total number of items sold.Īdd together the sample set numbers. After adding these two numbers together, the result is 1,013. Finishing the equation is just a matter of adding and plugging in results.įirst, add together the representative whole numbers.Īt the bakery, the representative whole numbers would be 680 and 333, each respectively representing the number of cookies and cupcakes sold that week. We’ve gotten past the most confusing portion of finding the average percentage. These are the actual number of cookies and cupcakes sold that week.Īdd the representative whole number results together. The resulting values would be 680 cookies and 333 cupcakes. In the bakery example, we would multiply 0.85 by 800 and 0.74 by 450 to arrive at their representative whole numbers. To turn a converted decimal into a whole representative number to plug into the formula, multiply the decimal by the sample set value it coincides with. Now that you’ve arrived at a decimal version of the percentage, it needs to become a whole number. The first stages of averaging percentages are all about making the values compatible with the formula. The result is 0.85 and 0.74.ĭetermine the number that each decimal represents. Going back to the earlier example of the bakery, we’d need to convert the percentages of cookies and cupcakes sold back into decimals by dividing by 100.
To turn a percentage into a decimal, divide it by 100. The percentages that you’re working with need to be turned into decimals before continuing to any other part of the calculation. Once you’ve grazed through the formula and gotten thoroughly stressed out about the prospect of solving it, it’s time to jump into the steps. In this example, we have enough information to calculate the average percentage of all bakery items sold.Ĭonvert all percentages to decimals. They also baked 450 cupcakes, and 74% of the amount made was sold. Last week, the bakery produced 800 cookies, and 85% of them were sold. To make more sense of this process, let’s break it into steps.Ī bakery manager wants the average percentage of items sold between two different kinds of baked goods in a week cupcakes and cookies. 50 is your number value of your percentage. For example, lets say you have 200 apples. To find the number value of percentage1, you must convert the percentage into a decimal and then multiply the decimal by the sample size of that percentage. Note that to calculate average percentage, we must convert our percentages into a numbered value. After that, you multiply the answer by 100 to get your average percentage. Divide them by the sum of your sample sets, where each sample set correlates to a percentage. Then you add all your percentages as number values together. What this says is that you need to first find the number value of each percentage in question. Then multiply by 100.Īverage Percentage = X 100 To calculate the average percentage, add all percentages together as numbered values and divide by the sum of all the sets. Percentages are used all the time in the real world, from tipping to sales at stores.Īverages play an important role in creating a useful value out of large sets of data, especially in areas like scientific research and sports.
#Figuring percentages excel how to#
It is important to know how to calculate average percentages in both your professional and personal life.
This broad scope of potential uses makes it a practical skill to master, which is why we’ll show you how to calculate the average of percentages in this article. However, their use is much more expansive and can also be applied to business factors such as online analytics. Knowing how to find the average of percentages is a basic life skill that comes in handy across various life scenarios – the best formula to use changes depending on the situation to get the most accurate answer possible.Ĭustomarily, percentages are used to calculate figures like sales tax. To turn your decimal back into a percentage, multiply it by 100. To calculate the average of percentages, turn the percentages into decimal numbers, add them together, and divide that sum by the sum of all the sample sets. How To Calculate Gross Profit Percentage.
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