Excel has built-in functionality to handle percent (%), but there is no automatic way to calculate parts per million, basis points, permyriad or per mille in Excel. It is easy to calculate though, but let’s start with the definitions:
When you calculate prices you usually know the cost price and the desired profit percentage, so all you have to do is to add the profit to the cost price in order to calculate the sales price. However, the price list might not look as nice as you want:
How to generate a string of random letters in Excel
The CHAR function returns a character that corresponds to the number in the character set used by your computer (ANSI for Windows). There are up to 255 different characters in the set, with the capital letters from A-Z starting at number 65. Z is 90. To generate a random letter you can use the RANDBETWEEN function:
Unclean data can cause a lot of problems in Excel. In this post I will show how you can join data from different columns with a comma between them. That’s the easy part. The problem occurs when you have empty cells in your data, like in the table below. The result of the first row looks fine, but if you look at the rows with empty cells, you get too many commas:
How can we calculate the grades (A-F) in Excel if we have the test results as numbers? We know that a score of 90% or higher is an A, 80-89% is a B, 70-79% is a C, 65-69% is a D and less than 65% is an F.
The first thing we should do is to organize this information in a lookup table: