It helps us in understanding how much difference it has made in the quantity from the initial value to the final value expressed in percentage form.įor example, We have to calculate the percentage increase in the rent of a house. Some real-life applications of the percentage formula include comparing profits of a business made over the years, in the percentage increase of someone’s salary, in the percentage increase in productions of goods made in a company, and many more. It is helpful in comparing growth rates of values over time. The percentage increase formula is used all around us in various activities. It is to be noted that the absolute value is to be taken for initial value as a percentage should be a positive quantity.
PERCENTAGE INCREASE FORMULA HOW TO
How to Calculate Percentage Increase Formula?
It is to be noted that the absolute value is to be taken for the initial value as a percentage should be a positive quantity. We need to first have the initial and final values of an object and using this concept, we can calculate percentage increase by the following formula: Percentage increase can be more specifically defined as the difference between the final and initial value expressed in the form of a percentage. The formula is mathematically represented as the difference between the final and the initial value which is further divided by the initial value and multiplied by 100.
The percentage increase formula is the formula used to compare growth in a quantity from its initial to final value over a given period of time.