25 min read
Percentages, Fractions, and Scientific Notation
Percent format multiplies display by 100. Fractions show parts of a whole. Scientific notation for very large budget variances.
Why Percent, Fraction, and Scientific Formats
Dr. Helen Marsh needs contingency rates as 5%, variance as 1/8 of a grant, and a national equipment bid in scientific notation. Each format must keep formulas correct.
The contingency rate 0.05 in I1 already drives **=F2*(1+1). This lesson connects that decimal to 5% on screen — and explores when fractions and scientific notation help on NorthgateBudget.xlsx**.
On Budgets, you will format I1, calculate quarter-over-quarter change as a percent, and preview scientific notation on large totals.
Percentage Format
Percentage format multiplies the display by 100; the stored value stays a decimal.
Select I1 (contingency rate 0.05). Home → Number → Percentage.
| Stored value | Percent display |
|---|---|
| 0.05 | 5% |
| 0.125 | 12.5% |
| 1 | 100% |
Formulas still use 0.05 — **=F2*(1+1) does not change when you apply %** format.
Quarter-over-Quarter Change
Compare English Q2 to Q1:
In L1, type Q2 vs Q1 %. In L2, type =(C2-B2)/B2 and press Enter.
With B2=12500 and C2=12800, the result is about 0.024 (2.4% increase).
Apply Percentage format with one decimal to L2. Copy L2 down to L6 to see each department's Q1→Q2 change.
Science Q4 is 19000 vs Q3 18200. The percent change formula =(E4-D4)/D4 shows roughly 4.4% — easier for Dr. Helen Marsh to scan than raw pound differences.
Fraction Format
Home → Number → Fraction displays decimals as fractions — 0.5 as 1/2, 0.25 as 1/4.
Useful when a grant line is "three-quarters spent": cell holds 0.75; Fraction format shows 3/4.
Fractions are still numeric — =SUM works. They are display only, like currency.
Scientific Notation
Very large or small numbers use scientific notation: 1.25E+04 means 12,500.
Click F2 (English annual total 50500). Format Cells → Number → Scientific with 2 decimal places. The display changes; the value used in SUM does not. Switch back to Currency for the finance report.
National research grants might use scientific notation in import files — convert to Number or Currency before school budget meetings.
Common Percent Mistakes
Percent vs typing 5 in the cell
| Store 0.05, format as % | Type 5 and format as % |
|---|---|
| **=F2*(1+I1)** adds 5% correctly | Formula treats 5 as 500% — wrong |
| Display shows 5% | Display shows 500% |
| Standard for rates in I1 | Common beginner mistake |
You type 5 in I1 and format as Percentage. The cell shows 500%. Every contingency total is wildly wrong.
Type 0.05 for 5%, then apply Percent format — or type 5% and let Excel store 0.05.
Return budget columns to Currency before printing for governors.
Practice
Swipe or use the arrows to move between questions.
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