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145 Increased By 20p

Percentage Increase Formula:

\[ \text{New Value} = \text{Original Value} \times (1 + \frac{\text{Percentage}}{100}) \]

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1. What is Percentage Increase?

Percentage increase measures how much a quantity grows relative to its original value, expressed as a percentage of the original amount. It's commonly used in finance, statistics, and everyday calculations.

2. How Does the Calculator Work?

The calculator uses the percentage increase formula:

\[ \text{New Value} = \text{Original Value} \times (1 + \frac{\text{Percentage}}{100}) \]

Where:

Example: For 145 increased by 20%, the calculation is 145 × (1 + 20/100) = 174

3. Practical Applications

Details: Percentage increases are used in salary raises, price adjustments, investment growth calculations, and statistical analysis of growth rates.

4. Using the Calculator

Tips: Enter the original value and the percentage increase you want to calculate. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: How is this different from percentage change?
A: Percentage increase calculates a new value after growth, while percentage change measures the difference between two values.

Q2: Can I calculate percentage decrease with this?
A: Yes, by entering a negative percentage value (though the calculator currently restricts to positive values).

Q3: What if I want to add multiple percentage increases?
A: You would need to apply them sequentially or calculate the compound percentage increase.

Q4: How precise are the calculations?
A: Results are calculated to 2 decimal places for most practical applications.

Q5: Why does 145 increased by 20% equal 174?
A: Because 20% of 145 is 29 (145 × 0.20), and 145 + 29 = 174.

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