Enter the number of orders canceled and the total number of transactions into the Cancellation Rate Calculator. The calculator will evaluate the Cancellation Rate.
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Cancellation Rate Formula
The following two example problems outline the steps and information needed to calculate the Cancellation Rate.
CANC = OC / T * 100
Variables:
- CANC is the Cancellation Rate (%)
- OC is the number of orders canceled
- T is the total number of transactions
To calculate a cancellation rate, divide the number of orders cancelled by the number of transactions, then multiply by 100 to express as a percentage.
How to Calculate Cancellation Rate?
The following steps outline how to calculate the Cancellation Rate.
- First, determine the number of orders canceled.
- Next, determine the total number of transactions.
- Next, gather the formula from above = CANC = #OC / #O * 100.
- Finally, calculate the Cancellation Rate.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
number of orders canceled = 500
total number of transactions = 2000
CANC = #OC / #O * 100 = ?
