Percentage Change Formula:
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Percentage change measures the degree of change over time expressed as a percentage. It's used to compare the relative change between an old and new value in various fields like finance, economics, and science.
The calculator uses the percentage change formula:
Where:
Explanation: The formula calculates the difference between new and old values relative to the old value, then converts it to a percentage.
Details: Percentage change is crucial for analyzing growth rates, price changes, performance metrics, and comparing changes between different sized datasets.
Tips: Enter both old and new values. The old value cannot be zero (division by zero is undefined). Values can be positive or negative.
Q1: What does a negative percentage change mean?
A: A negative percentage indicates a decrease from the old value to the new value.
Q2: How is percentage change different from percentage difference?
A: Percentage change compares two values over time, while percentage difference compares two simultaneous values.
Q3: What if my old value is zero?
A: The calculation is undefined when old value is zero, as you cannot divide by zero.
Q4: Can percentage change be more than 100%?
A: Yes, when the new value is more than double the old value, the percentage change exceeds 100%.
Q5: How is percentage change used in finance?
A: It's commonly used to calculate investment returns, stock price changes, and economic growth rates.