what does this formula mean in excel? I am a bit confused. it results value as (P17-P18)/100.
=+P17-P18
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It simply substracts the value of
P18fromP17. The leading+is useless, just like saying +3 and 3 are the same value.If you see the result as being
(P17-P18)/100, I am guessing that P17 and P18 are formatted as percentages, and the result cell is not. Therefore, you see percentages as being 100x their actual numerical values.E.g.