Number formats are a way of telling Excel how to output data.
Although they don't affect the underlying values, they improve readability, consistency, and make analysis easier.
One of the 11 built-in choices is Percentage. It's designed for cells that contain percentages. However, it can easily be misused due to how it behaves.
Firstly, it's important to understand that Excel stores percentage values as decimals 'under the hood'. That means 25% is 0.25, 50% is 0.5, and 100% is 1. These aren't very reader-friendly, though, which is why Percentage exists.
Assuming General, the default number format is the starting point; applying Percentage will multiply a value by 100, which means two extra zeros are added, along with the same number of decimal places. For example, 75 and 67 become 7500.00% and 6700.00%, respectively.
Not very sightly, eh?
This problem stems from:
➤ not setting the number format as Percentage from the start
➤ not inputting percentages in decimal format
➤ working with datasets that don't store percentages in decimal format
Also, as the percent sign is often only included in headings and omitted from values, Excel does not get the trigger it needs.
Thankfully, by doing the following, you can solve this:
1. Input 100 in a cell.
2. Select the cell and press Ctrl + C to copy the value.
3. Select the affected percentages and press Alt + E + S to open the Paste Special window.
4. Choose the Divide radio button and select OK to turn the percentages into decimals.
5. Change the Number Format back to Percentage.
6. Select the Decrease Decimal button twice to remove the zeros after the decimal point.
Problem solved!
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