Increase Formula:
From: | To: |
Definition: This calculator computes the new value after applying a 20% increase to the original value.
Purpose: It helps quickly determine values after standard markups, raises, or growth rates in various fields like finance, retail, and statistics.
The calculator uses the formula:
Where:
Explanation: The original value is multiplied by 1.20 (which represents 100% + 20%) to get the increased value.
Details: Used for calculating price markups, salary increases, performance improvements, statistical growth rates, and more.
Tips: Simply enter the original value (must be > 0) and the calculator will show the value after 20% increase.
Q1: Why use 1.20 in the formula?
A: The 1 represents 100% of the original value, and 0.20 represents the 20% increase.
Q2: Can I use this for decreases?
A: No, this is specifically for increases. For decreases, you would multiply by 0.80 (for 20% decrease).
Q3: How would I calculate different percentage increases?
A: Replace 0.20 with your desired percentage as a decimal (e.g., 0.15 for 15%).
Q4: Does this work for negative numbers?
A: The calculator only accepts positive values as input.
Q5: How precise are the results?
A: Results are shown to 2 decimal places for most financial applications.