Spreadsheet Practice

How to calculate a percent of a number in Excel

Formula (Excel and Google Sheets)

=B2*$F$1

Multiply the number by the percentage: =B2*$F$1, where F1 holds 30%. 30% of 12,500 is 3,750.

Result on the example
one result per row in C2, filled down to C6
Works in
Every current version
Google Sheets
Same formula

See it work

The formula is already in C2, filled down to C6. Change any input and the result updates, or edit the formula to experiment.

How it works

30% is the number 0.3, so "30% of" means "multiply by 0.3". The rate sits in one cell, locked with $, so every row uses it and you can change it once.

=B2*$F$1

Result3750

  1. B2$12,500.00

    The value in B2.

  2. $F$130%

    The value in F1.

  3. B2*$F$13750

    The * operator multiplies.

In Google Sheets

The same formula works in Google Sheets: =B2*$F$1. We ran it in Google Sheets mode on the same data and it returns the same results.

Other ways to do it

Each one was run on the same example sheet.

FormulaResultWhen to use it
=B2*30%$3,750.00, $2,520.00, $14,025.00…With the percentage typed into the formula; fine for a one-off.

Common mistakes

  • Multiplying by 30 instead of 30% (or 0.3) gives a result 100 times too big.
  • Typing 30 into F1 and formatting it as a percentage afterwards shows 3000%. Type 30% so Excel stores 0.3.

Try it yourself

Same data, empty answer cell. Your formula is graded instantly, then re-checked on changed data, so a typed-in number won't pass.

Calculate a percent of a number

In C2, calculate the deposit as the percentage in F1 of the contract value, then fill down to C6.

Questions

How do I calculate what is left after the deposit?

Multiply by 1 minus the rate: =B2*(1-$F$1).

How do I find what percentage one number is of another?

Divide: =C2/B2, formatted as a percentage.

Checked by running on 2026-10-30: every formula and result on this page was calculated by the Spreadsheet Practice formula engine, in both Excel and Google Sheets modes.