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difference between prices

  1. #1
    Registered User
    Join Date
    11-13-2007
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    difference between prices

    Hello everyone I have a question that I really do need help on. Im new to excel and have come across this question.

    I have to prices that I need to find the difference between in percentage

    price 1: 640,000
    price 2: 133,000

    How can I work out the differance in percentage. i.e there is a 9% difference between the two prices
    Please Please help I'm really stuck on this one.

    Many Thanks

  2. #2
    Forum Contributor
    Join Date
    10-27-2006
    Location
    United Kingdom
    MS-Off Ver
    EXCEL 2003 (2007 at home)
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    517

    The difference is NOT 9%

    I assume that the numbers you quote are just random examples because there is no way that 640,000 and 133,000 can yield 9%!
    Anyway; the first thing to decide is what quantity to you want to compare the difference with? price 1 or price 2?

    Thus the difference is (100*(640,000-133,000)/640,000)% of price 1
    (i.e. just over 79%)
    but it is (100*(640,000-133,000)/133,000)% of price 2
    (ie about 381%)

    Select the Help option from the Excel toolbar
    then "Microsoft Excel Help"
    then type in percentage in the "search for" box and click the arrow.

    Mark.
    Last edited by Mark@Work; 11-13-2007 at 02:37 PM.

  3. #3
    Registered User
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    11-13-2007
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    Yeah they were examples how would you write that as a formula and also which one would you use

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