Calculation type: Calculating percentage change (increase).
Calculator usage: Use the
Percentage Change CALCULATOR ("What is the percentage change from the Original value to the New value?"). Enter $
100 [Original] and $
120 [New].
Formula explanation:
We want to find the percentage change from $
100 to $
120.
Formula: ((New value - Original value) / Original value) × 100%
Percentage change = (($
120 - $
100) / $
100) × 100% = ($
20 / $
100) × 100% =
0.2 × 100%
= 20%