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20% Increase Calculator

20% Increase Formula:

\[ \text{New Value} = \text{Old Value} \times (1 + \frac{20}{100}) \]

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1. What is a 20% Increase?

A 20% increase means adding 20% of the original value to itself. This is commonly used for price increases, salary raises, performance improvements, and other scenarios where a standard percentage growth is applied.

2. How the Calculation Works

The formula for calculating a 20% increase is:

\[ \text{New Value} = \text{Old Value} \times 1.20 \]

Explanation: Multiplying by 1.20 is equivalent to adding 20% to the original value (100% + 20% = 120% or 1.20).

3. Practical Applications

Examples:

4. Using the Calculator

Instructions: Simply enter the original value in the input field and click "Calculate" to see the new value after a 20% increase.

5. Frequently Asked Questions (FAQ)

Q1: How do I calculate a 20% increase manually?
A: Multiply the original value by 1.20 or calculate 20% of the value and add it to the original.

Q2: What if I want a different percentage increase?
A: Replace the 1.20 with (1 + [percentage]/100). For example, for 15% use 1.15.

Q3: Does this work for decreases too?
A: For decreases, multiply by (1 - [percentage]/100). For a 20% decrease, multiply by 0.80.

Q4: Can I use this for multiple increases?
A: For consecutive increases, multiply by each factor. Two 20% increases would be ×1.20 ×1.20 = ×1.44.

Q5: How precise are the calculations?
A: Results are rounded to 2 decimal places for currency values, but the actual calculation uses full precision.

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