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Need a formula to calcuate percentage difference between budget $ and actual $

  1. #1
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    Need a formula to calcuate percentage difference between budget $ and actual $

    Hello all.

    Here's my example: We budgeted $15,000 (cell C38) for tuition reimbursement and YTD have already paid out $11,500 (cell B38).
    I currently have the formula =100*B38/C38
    This returns the answer $76.67. When I format the column to percentage, it the returns the answer 7666.67%.

    How do I get this to read as 76.67%???

    I thank you in advance for your help.

  2. #2
    Forum Moderator alansidman's Avatar
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    Re: Need a formula to calcuate percentage difference between budget $ and actual $

    You are close. =B38/C38 and then Format it as percentage. Use the format Icon on the ribbon on the Home tab.

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