20% Increase Formula:
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A 20% percentage increase means adding 20% of the original value to itself. This is commonly used in financial calculations, price adjustments, salary increases, and many other scenarios where a fixed percentage growth is applied.
The calculator uses the following simple formula:
Where:
Common Uses: This calculation is frequently used for:
Instructions: Simply enter the original value in the input field and click "Calculate" to see the new value after a 20% increase.
Q1: How do I calculate a 20% increase manually?
A: Multiply the original value by 1.20 (which is the same as adding 20% of the original value to itself).
Q2: What if I want a different percentage increase?
A: The formula would be similar: New Value = Old Value × (1 + percentage/100). For example, for 15% it would be ×1.15.
Q3: Does this work for decreases too?
A: For decreases, you would multiply by (1 - percentage/100). For a 20% decrease, multiply by 0.80.
Q4: Can I use this for multiple percentage increases?
A: For consecutive increases, multiply by each factor. For two 20% increases: Old Value × 1.20 × 1.20 = Old Value × 1.44.
Q5: How is this different from compound interest?
A: A single percentage increase is simple multiplication. Compound interest applies the percentage increase repeatedly over time.