Have you ever needed to combine two percentages into the same cell and calculate the result using a single formula? Well, you're in luck! In this article, we will show you how to do just that.
Let's say you have two percentages, A and B, and you want to combine them and calculate the result. Here's the formula you can use:
=1-(1-A)*(1-B)
Let's break down the formula:
Arepresents the first percentage.Brepresents the second percentage.1-Acalculates the complement of the first percentage.1-Bcalculates the complement of the second percentage.(1-A)*(1-B)calculates the product of the complements.1-(1-A)*(1-B)calculates the complement of the product of the complements, which is the combined percentage.
Let's see an example to understand it better. Suppose you have a discount of 20% (A) and a tax of 10% (B) that you want to combine. Using the formula, you can calculate the combined percentage as follows:
=1-(1-0.2)*(1-0.1)
After evaluating the formula, you will get the result:
=1-(0.8)*(0.9)
Simplifying the equation further:
=1-0.72
The final result is:
=0.28
So, the combined percentage of a 20% discount and a 10% tax is 28%.
This formula can be incredibly useful in various scenarios. For example, if you are calculating the overall success rate of a project that consists of multiple sub-tasks, each with its own success rate, you can use this formula to combine them all into a single percentage.
Remember, when using this formula, make sure to enter the percentages as decimals. For example, 20% should be entered as 0.2, 10% as 0.1, and so on.
Now that you know how to combine two percentages into the same cell using a single formula, you can perform complex calculations with ease. This formula will save you time and effort, allowing you to focus on other important tasks.
References
| Source | Link |
|---|---|
| Microsoft Support | https://support.microsoft.com/ |
| Excel Easy | https://www.excel-easy.com/ |