1. What is the Increase by 20% Calculation?

The "Increase by 20%" calculation determines the new value after applying a 20% increase to an original (old) value. This is commonly used in financial calculations, price adjustments, and performance improvements.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• Old Value — The original numerical value before increase
• 1.20 — Represents a 20% increase (100% + 20% = 120% or 1.20)

Explanation: Multiplying by 1.20 is equivalent to adding 20% of the original value to itself.

3. Practical Applications

Details: This calculation is frequently used in:

• Price markups in retail
• Salary increases
• Performance target setting
• Budget adjustments
• Investment return projections

4. Using the Calculator

Tips: Simply enter the original value (must be a positive number) and click calculate. The result will show the value after a 20% increase.

5. Frequently Asked Questions (FAQ)

Q1: How is this different from calculating 20% of a value?
A: Calculating 20% of a value gives you just the increase amount, while this calculation gives you the total value after the increase.

Q2: Can I use this for decreasing by 20%?
A: No, for decreases you would multiply by 0.80 (100% - 20% = 80% or 0.80).

Q3: Does this work for any currency?
A: Yes, the calculation is currency-agnostic as long as you're using consistent units.

Q4: How precise are the calculations?
A: Results are calculated to 2 decimal places for most financial applications.

Q5: Can I chain multiple 20% increases?
A: Each 20% increase should be applied sequentially (multiply by 1.20 for each increase), not by adding percentages.