Change Percentage Formula:
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Change percentage is a mathematical calculation that shows the relative change between an old value and a new value, expressed as a percentage. It is commonly used in finance, economics, and business to measure price changes, growth rates, and performance metrics.
The calculator uses the change percentage formula:
Where:
Explanation: The formula calculates the relative difference between the new and old values as a percentage of the original value.
Details: Calculating price change percentage is essential for financial analysis, investment decisions, inflation tracking, sales performance evaluation, and market trend analysis.
Tips: Enter the old price and new price in any currency unit. Both values must be positive numbers, with the old price greater than zero.
Q1: What does a positive change percentage indicate?
A: A positive percentage indicates an increase in price or value from the old to new amount.
Q2: What does a negative change percentage indicate?
A: A negative percentage indicates a decrease or reduction in price or value from the old to new amount.
Q3: Can the old price be zero?
A: No, the old price cannot be zero as division by zero is mathematically undefined.
Q4: How is this different from percentage difference?
A: Change percentage measures change relative to the original value, while percentage difference compares two values without designating one as reference.
Q5: What are common applications of change percentage?
A: Stock price changes, inflation rates, sales growth, cost increases, salary adjustments, and performance metrics.