Percentage Increase Formula:
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Percentage increase measures how much a quantity has grown relative to its original value, expressed as a percentage. It's commonly used in finance, economics, statistics, and everyday life to track growth rates.
The calculator uses the percentage increase formula:
Where:
Explanation: The formula calculates the difference between the new and old values, divides by the old value to get the relative change, then multiplies by 100 to convert to a percentage.
Details: Percentage increase is crucial for understanding growth rates in business (sales, profits), investments (stock prices, returns), population studies, and performance metrics across various fields.
Tips: Enter both old and new values as positive numbers. The old value must be greater than zero (division by zero is undefined). Results are rounded to 2 decimal places.
Q1: What if my old value is zero?
A: The calculation is undefined when old value is zero, as you cannot divide by zero. In such cases, consider absolute difference instead.
Q2: What does a negative percentage increase mean?
A: A negative result indicates a percentage decrease rather than increase (when new value is less than old value).
Q3: How is this different from percentage points?
A: Percentage increase is relative to the original value, while percentage points measure absolute difference between two percentages.
Q4: Can I calculate percentage increase over multiple periods?
A: For multi-period growth, use compound growth rate formula instead of simple percentage increase.
Q5: How precise are the results?
A: Results are rounded to 2 decimal places for readability while maintaining reasonable precision.