How to Deduct Percentage in Excel: A Simple GuideUpdated 14 days ago

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To deduct a percentage in Excel, multiply the original value by (1 - percentage). For example, if you have a value in cell A1 and want to deduct 20%, use the formula =A1*(1-20%) or =A1*0.8. This reduces the value by the specified percentage.

Key Highlights: Deduct Percentage in Excel

• Simple Formula for Deduction: Use the formula `=A1 - (A1 * B1)` to subtract a percentage from an original value.
• Multiplication Method: Apply the formula `=A1 * (1 - B1)` to directly calculate the reduced value by multiplying by the remaining percentage.
• Apply to Multiple Cells: Use cell references (e.g., `=A1 - (A1 * $B$1)`) and drag the fill handle to apply the percentage deduction to a list of values.
• Discount Calculation: Use the same deduction methods to calculate discounted prices by applying the formula `=A1 * (1 - B1)`.
• Quick Percentage Calculation: Use Excel’s built-in percentage format to automatically recognize and calculate percentages for faster deductions.

These methods make it easy to deduct percentages from values in Excel for a variety of applications, from discounts to tax deductions.