This is a shortcut to convert number into percentage. Assuming that the total value is in cell A2 and percent in B2 the above formula turns into a simple A2B2 and returns 10450. F2F10 is the range contains the total of each item.
Total Percentage Amount.
Remember when you type a number followed by the percent sign in Excel the number is interpreted as a hundredth of its value. If you derived 15000 from action. Assuming that the total value is in cell A2 and percent in B2 the above formula turns into a simple A2B2 and returns 10450. Donat have to write the formula again for other products.