To work out the percentage increase between two values, you can use the following formula:
Percentage Increase=(Final Value−Initial ValueInitial Value)×100\text{Percentage Increase}=\left(\frac{\text{Final Value}-\text{Initial Value}}{\text{Initial Value}}\right)\times 100Percentage Increase=(Initial ValueFinal Value−Initial Value)×100
Steps to calculate percentage increase:
- Subtract the initial value from the final value to find the increase.
- Divide the increase by the initial value to find the proportion of increase relative to the original.
- Multiply the result by 100 to convert it into a percentage.
Example:
If an investment grows from $1,250 to $1,445:
- Increase = 1,445 - 1,250 = 195
- Divide by initial value: 195 / 1,250 = 0.156
- Multiply by 100: 0.156 × 100 = 15.6%
So, the percentage increase is 15.6%
Additional notes:
- If you want to increase a number by a certain percentage , multiply the original number by the decimal form of the percentage and then add it to the original number. For example, to increase 200 by 10%, calculate 200 × 0.10 = 20, then add 20 to 200 to get 220
- This formula works for any context where you want to measure how much a quantity has increased relative to its original amount, such as prices, salaries, or quantities
This method is straightforward and widely used in mathematics, finance, and statistics.