In your Blackboard gradebook you probably want to show students their current grade as a percentage. By default your course starts with a Total column, which tallies the number of points the student has earned. Since a score like 128 might not be meaningful to students, you'll probably want to convert that total score to a percent. This will show students their current percentage based on work attempted, since it's a running total by default.
You can change the Total column to display a percentage instead of a score by clicking the chevrons next to the column title and selecting Edit Column Information. In the first section, change Primary Display to Percentage.
If you want to see students' totals as both points earned (score) and percentage, you can create another Total column. Set one to display as score and the other as a percentage. To create another total column, hover your mouse pointer over the blue Create Calculated Column button at the top of the page and select Total Column.
An observant person probably noticed that there was an Average Column option hiding under the Create Calculated Column button. You may be asking yourself, "Why don't I just create an Average Column? After all, I want students to see their average."
Well, the Average column isn't what you might think; it's really an average of percentages. Let's look at the math for a comparison. Let's assume the following scores: 8/10, 10/10, 22/25, and 81/100.
The behavior of the default Total column is to add the number of points earned (121) and divide by the number of points possible (145), yielding 83%. My guess is that this is what most of you want.
The behavior of the Average column is to first convert each score to a percentage, and then average the percentages. In this example, the result is 87%. As you can see, this student's performance on the items with lower points possible really boosted the grade.
I would avoid the calculated Average column. If you want a column that says Average, just rename a plain old Total column to Average and display it as a percentage.