1. What is Growth Percentage?

Growth percentage 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.

2. How Does the Calculator Work?

The calculator uses the growth percentage formula:

Where:

• \( \text{New} \) — The new or current value
• \( \text{Old} \) — The original or previous value

Explanation: The formula calculates the relative change by finding the difference between new and old values, dividing by the original value, and converting to percentage by multiplying by 100.

3. Importance of Growth Percentage Calculation

Details: Growth percentage is essential for analyzing business performance, investment returns, economic indicators, population changes, and any scenario where relative change measurement is needed over time periods.

4. Using the Calculator

Tips: Enter the original (old) value and the new value. Both values must be positive numbers, with the old value greater than zero to avoid division by zero errors.

5. Frequently Asked Questions (FAQ)

Q1: What does a negative growth percentage mean?
A: A negative growth percentage indicates a decrease or decline from the original value to the new value.

Q2: How is growth percentage different from percentage points?
A: Growth percentage measures relative change, while percentage points measure absolute difference between two percentages.

Q3: Can I use this for financial calculations?
A: Yes, this calculator is commonly used for calculating revenue growth, profit growth, investment returns, and other financial metrics.

Q4: What if my old value is zero?
A: The calculator requires old value to be greater than zero since division by zero is mathematically undefined.

Q5: How accurate is the calculation?
A: The calculation provides exact mathematical results based on your inputs, rounded to two decimal places for clarity.