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**SUBSTITUTE( text, old_text, new_text, [nth_appearance] )**

**VLOOKUP( value, table, index_number, [approximate_match] )**

In the nested functions below:

*The internal “=” sign, just before VLOOKUP, is unnecessary.*

If “xx” is a named range and it has at least seven columns, and the “=” is removed, it should work fine.

To determine “What percentage X is of Y.” We only need to divide X by Y.

1/100 is 0.01 (Decimal notation for 1%)

50/100 is 0.50 (Decimal notation for 50%)

If total revenue is $100,000 and total expenses are $25,000 we get 25000/100000 as 0.25.

If we format 0.25 as a percentage (below) we’ll get 25%

=SUBSTITUTE(“=VLOOKUP(671,xx,7)”,”xx”,”CA12:DP33″)

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