Percentage Change Formula:
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Definition: This calculator measures the percentage difference between an old value and a new value.
Purpose: It helps analyze growth, decline, or change between two values in finance, statistics, business, and other fields.
The calculator uses the formula:
Where:
Explanation: The difference between new and old values is divided by the old value, then multiplied by 100 to convert to percentage.
Details: Percentage change helps compare relative differences regardless of the absolute values, making it useful for:
Tips: Enter both old and new values. The old value cannot be zero (division by zero is undefined).
Q1: What does a negative percentage mean?
A: A negative result indicates a decrease from the old value to the new value.
Q2: What if my old value is zero?
A: Percentage change is undefined when old value is zero (division by zero). Consider absolute difference instead.
Q3: How is this different from percentage difference?
A: Percentage change compares new to old, while percentage difference compares any two values symmetrically.
Q4: Can I calculate reverse percentage?
A: Yes, if you know the percentage change and either old or new value, you can calculate the missing value.
Q5: What's considered a significant percentage change?
A: Significance depends on context. In finance, 5% might be significant, while in scientific measurements, 0.5% could be crucial.