1. What is Price Increase?

Price increase represents the difference between a new price and an old price. It shows how much more (or less) you're paying for a product or service compared to its previous price.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• New Price — The current or updated price
• Old Price — The previous price before the change

Explanation: A positive result indicates a price increase, while a negative result indicates a price decrease (discount).

3. Importance of Price Increase Calculation

Details: Calculating price increases helps consumers track inflation, businesses analyze pricing strategies, and investors understand cost changes over time.

4. Using the Calculator

Tips: Enter both prices in the same currency. The calculator will show the absolute difference between them.

5. Frequently Asked Questions (FAQ)

Q1: What does a negative result mean?
A: A negative result means the new price is lower than the old price, indicating a price reduction.

Q2: How can I calculate percentage increase?
A: Percentage increase = (Increase / Old Price) × 100. This shows the relative change rather than absolute.

Q3: Why track price increases?
A: Tracking helps budget planning, identifies inflation trends, and supports informed purchasing decisions.

Q4: Should I include taxes in the prices?
A: For accurate comparisons, use either pre-tax or post-tax prices consistently for both values.

Q5: Can I use this for salary comparisons?
A: Yes, this works for any monetary values you want to compare between two time periods.