However, if you calculate the time difference in number format, it will work differently i.e, 12:00 PM will be calculated to 0.05 because it’s half of a day.

Step 1: In this specific example, I’ll be calculating the difference between the profit and revenue. Select the cell you want the percentage to appear within. Now type in = (B2-C2)/B2.

If you want to calculate how much time is left until a certain expiry date, you can use the DATEDIF function. This function returns the difference between two dates in terms of days, months, or years.

Example of Calculating Variance in Excel In the example below, we will calculate the variance of 20 days of daily returns in the highly popular exchange-traded fund (ETF) named SPY, which invests ...

Image: Screenshot The article How to calculate conditional subtotals in an Excel revenue sheet uses simple expressions, a function, and a conditional format to display a daily balance in a revenue ...