1. What is Growth Percentage?

Growth percentage measures the relative change from an old value to a new value, expressed as a percentage. It's commonly used in finance, business, 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 current or new value
• \( \text{Old} \) — The original or old value
• \( \text{Growth \%} \) — The percentage change from old to new

Explanation: The formula calculates the relative difference between two values and expresses it as a percentage of the original value.

3. Importance of Growth Percentage

Details: Growth percentage is essential for analyzing trends, measuring performance improvements, comparing changes across different scales, and making data-driven decisions in business and research.

4. Using the Calculator

Tips: Enter the old value and new value in any consistent units (dollars, units, percentages, etc.). The old value must be greater than zero. Positive results indicate growth, negative results indicate decline.

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 old value to the new value.

Q2: Can I use this for percentage change calculations?
A: Yes, growth percentage and percentage change are essentially the same calculation.

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 difference?
A: Growth percentage measures change from an original value, while percentage difference compares two values without designating one as original.

Q5: Can I calculate compound growth with this?
A: No, this calculates simple growth percentage. For compound growth over multiple periods, you would need a different formula.