Percentage Change Formula:
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Percentage change measures the degree of change over time. It's used to compare the relative change between an old value and a new value, expressed as a percentage of the old value.
The calculator uses the percentage change formula:
Where:
Explanation: The formula calculates the difference between the new and old values, divides by the old value to get a relative change, then multiplies by 100 to convert to a percentage.
Details: Percentage change is widely used in finance, economics, statistics, and many other fields to measure growth rates, price changes, performance improvements, and more. It provides a standardized way to compare changes across different scales.
Tips: Enter the old (original) value and the new (current) value. The calculator will show the percentage increase or decrease. Note that the old value cannot be zero (division by zero is undefined).
Q1: What does a negative percentage change mean?
A: A negative percentage change indicates a decrease from the old value to the new value.
Q2: How is percentage change different from percentage difference?
A: Percentage change compares a new value to an old value, while percentage difference compares any two values without directionality.
Q3: What if my old value is zero?
A: Percentage change cannot be calculated when the old value is zero because it would involve division by zero, which is undefined.
Q4: Can percentage change be more than 100%?
A: Yes, percentage change can exceed 100% when the new value is more than double the old value.
Q5: How is percentage change used in finance?
A: In finance, it's used to calculate returns on investments, stock price changes, revenue growth, and other financial metrics.