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Calculate Percentage Increase Pay

Percentage Increase Formula:

\[ \text{Percentage Increase} = \left( \frac{\text{New Pay} - \text{Old Pay}}{\text{Old Pay}} \right) \times 100 \]

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1. What is Percentage Increase?

Percentage increase measures how much a value has grown relative to its original amount, expressed as a percentage. It's commonly used to compare salary changes, price increases, or growth rates.

2. How Does the Calculator Work?

The calculator uses the percentage increase formula:

\[ \text{Percentage Increase} = \left( \frac{\text{New Pay} - \text{Old Pay}}{\text{Old Pay}} \right) \times 100 \]

Where:

Explanation: The formula calculates the difference between new and old values, divides by the original value to get the relative change, then converts to a percentage by multiplying by 100.

3. Importance of Percentage Increase Calculation

Details: Calculating percentage increases helps in financial planning, salary negotiations, understanding inflation effects, and comparing growth rates across different scales.

4. Using the Calculator

Tips: Enter both new and old pay amounts in the same currency. The calculator will show the percentage increase between the two values.

5. Frequently Asked Questions (FAQ)

Q1: What does a negative percentage mean?
A: A negative result indicates a percentage decrease rather than an increase.

Q2: How is this different from percentage points?
A: Percentage increase is relative to the original value, while percentage points are absolute differences between percentages.

Q3: Can I use this for non-salary calculations?
A: Yes, this formula works for any values where you want to measure relative growth (prices, quantities, etc.).

Q4: Why is percentage increase important in salary negotiations?
A: It helps compare offers objectively, accounting for different starting points when evaluating compensation changes.

Q5: How do I interpret a 100% increase?
A: A 100% increase means the value has doubled (become twice as large as the original).

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