Assuming that the total value is in cell A2 and percent in B2, the above formula turns into a simple =A2*B2 and returns 104.50. Remember, when you type a number followed by the percent sign (%) in Excel, the number is interpreted as a hundredth of its value. For example, 11% is actually stored as 0.11 and Excel uses this underlying value in all formulas and calculations. In other words, the formula =A2*11% is equivalent to =A2*0.11.
from my understanding, shut off pressure is the the higest pressure that can be produced by a pump and this happened at zero flow i.e. control valve closed at discharge line. so when pump running during discharge valve closed, the pressure build up in the pipe line until a maximum pressure and this maximum pressure is shut off pressure.
Shutoff head is the head a pump will develop when operating against a closed discharge valve. The point where the left side a pump performance curve intersects with the Y-axis is the shutoff condition. The head corresponding to that point will be produced when the pump is producing no flow. If a pump operates in a system that requires pressure equal or greater to the pump's shutoff head to generate flow, the pump will fail to produce any flow. The terms dead-heading and zero flow are sometimes used interchangeably with the term shutoff.