Percentage Change Formula: Examples, MCQs and FAQs
Percentage change tells you how much something increased or decreased compared to its original value. It is used in marks, prices, salary hikes, profit-loss, population, and basically everywhere numbers like to show off. Percentage Change Formula (Simplest Explanation) Percentage Change Formula Percentage Change (%) = [(New Value − Old Value) ÷ Old Value] × 100 How to Use the Formula (Step-by-Step) Step 1: Find the difference = New Value − Old Value Step 2: Divide the difference by the old value Step 3: Multiply the result by 100 How to Know if it is an Increase or a Decrease If New Value > Old Value , the answer is a percentage increase . If New Value < Old Value , the answer is a percentage decrease . If New Value = Old Value , the percentage change is 0% . Shortcut Version (Same Meaning) Percentage Increase (%) = [(Increase) ÷ (Original)] × 100 Percentage Decrease (%) = [(Decrease) ÷ (Original)] × 100 Important Notes (Small but Po...