1. What is Price Increase?

Price increase refers to the difference between a new price and an old price. It's a fundamental calculation in economics, business, and personal finance to understand how much more (or less) you're paying for goods or services.

2. How Does the Calculator Work?

The calculator uses two simple formulas:

Where:

• New Price — The current or increased price
• Old Price — The original or previous price

Explanation: The first formula gives the absolute increase amount, while the second shows the relative increase as a percentage of the original price.

3. Importance of Price Increase Calculation

Details: Understanding price increases helps consumers track inflation, businesses adjust pricing strategies, and investors analyze market trends. It's essential for budgeting and financial planning.

4. Using the Calculator

Tips: Enter both prices in the same currency. The calculator works with any currency (though results are displayed with $ symbol). Negative results indicate price decreases.

5. Frequently Asked Questions (FAQ)

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

Q2: Why calculate percentage increase?
A: Percentage shows the relative change, making it easier to compare increases across different price points.

Q3: How do I interpret the results?
A: The amount shows how much more you'll pay, while the percentage shows how significant the change is relative to the original price.

Q4: Can I use this for salary increases?
A: Yes, the same calculation works for salary, rent, or any other monetary values.

Q5: What if the old price was zero?
A: Percentage increase can't be calculated when dividing by zero, but the amount increase will still be shown.