Percentage Growth Formula:
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Percentage growth measures the relative change between an old value and a new value, expressed as a percentage. It's commonly used in business, finance, economics, and statistics to track performance changes over time.
The calculator uses the percentage growth formula:
Where:
Explanation: This formula calculates the relative change from the original value, providing a standardized way to compare growth across different scales and magnitudes.
Details: Percentage growth is essential for analyzing trends, making business decisions, evaluating investments, and comparing performance across different time periods or entities.
Tips: Enter the old value and new value in the same units. The old value must be greater than zero. Positive results indicate growth, negative results indicate decline.
Q1: What does a negative growth percentage mean?
A: A negative growth percentage indicates a decrease or decline from the old value to the new value.
Q2: Can I use this for financial calculations?
A: Yes, this calculator is commonly used for revenue growth, profit growth, investment returns, and other financial metrics.
Q3: What if my old value is zero?
A: The old value cannot be zero as it would result in division by zero, which is mathematically undefined.
Q4: How is this different from percentage change?
A: Percentage growth and percentage change are essentially the same calculation, both measuring relative change between two values.
Q5: What are typical applications of growth percentage?
A: Common applications include sales growth analysis, population growth studies, investment performance, academic progress tracking, and business metric evaluation.