Calculating percentages is a crucial skill for professionals in accounting and finance. It is not only important to know how to calculate percentages, but also to understand how to apply formulas to determine percentage increases or decreases. This knowledge is essential for adding context to financial data and enhancing forecasting abilities. The JAIN (Deemed-to-be-University)’s percentage increase calculator is a valuable tool for calculating the increase between two values as a percentage of the original value. This online tool is helpful for any situation where you need to measure changes over time, with one of its most common applications being investing. For example, a percentage increase calculator can be used to track changes in the price of a security or market value.
You can calculate the percentage increase by following the steps given below:
Subtract the starting value from the final value.
Divide the result by the absolute value of the starting value.
Multiply the result by 100 to get the percentage increase.
If the result is negative, it indicates a decrease rather than an increase.
Let us look at the percentage increase formula that can be used to calculate the percentage increase:
Percentage Increase = Final Value−Starting Value/|Starting Value|×100
The process of how to use the JAIN (Deemed-to-be-University)’s percentage increase calculator is outlined below:
Step 1: Enter the required numbers into their respective input fields.
Step 2: Click the "Solve" button to calculate the percentage change.
Step 3: The percentage increase (or decrease, depending on the input) will be displayed in the output field.
We have presented some examples to calculate the percentage increase:
Example |
Starting Value |
Final Value |
Calculation Steps |
Result |
Price Increase (Product) |
₹ 300 |
₹ 375 |
|
Product price increased by 25% |
Sales Growth (Retail Store) |
1,000 units |
1,200 units |
|
Sales increased by 20% |
Salary Increase (Employee) |
₹ 20,000 |
₹ 22,400 |
Subtract: 22,000 − 22,400 = 2,400 Divide by starting value: 2,400/22,000 = 0.12 Multiply by 100: 0.12 × 100 = 12% |
Salary increased by 12% |
It is important to know how to perform percentage increase calculations as it is a vital skill that empowers professionals in various fields. Whether you are tracking the performance of investments, or evaluating price changes, using a percentage increase calculator provides valuable insights. The JAIN (Deemed-to-be-University)’s percentage increase calculator will help the users calculate changes accurately without making any mistakes encountered during manual calculations. Due to its versatility across all business fields, understanding the percentage increase calculation is a must-have skill for business-minded individuals and students.
The percentage increase is calculated by taking the ratio of the increased value to the original value and then multiplying it by 100. To find the increased value, subtract the initial value from the final value.
Salary percentage increase can be calculated using this formula –
Salary Increase %age = (New salary – Old Salary) / Old Salary x 100
To calculate a percentage increase or decrease, follow these steps:
Subtract the original number from the new number.
Divide the result by the original number.
Multiply the result by 100 to convert it into a percentage.
If the result is positive, it means it is a percentage increase. If the result is negative, it indicates a percentage decrease.
We can find the percentage increase by using the formula - Final Value−Starting Value/|Starting Value|×100.
To increase a number by a percentage, first convert the percentage to a decimal by dividing it by 100. Then, multiply the original number by the decimal value. Finally, add the result to the original number to get the increased value.
To calculate a 10% increase, follow these steps:
Convert 10% to a decimal
10% = 0.10.
Multiply the original number by 0.10
For example, if the original number is 200, multiply 200 by 0.10, which gives 20.
Add the result to the original number
200 + 20 = 220.
To calculate the percentage of a number, divide the number by the total (whole) and then multiply the result by 100. In simple terms, a percentage represents a part out of 100.
A 50% increase means that the original value is increased by half of itself. Let us understand with the help of an example:
Step 1: Convert 50% to a decimal
50% = 0.50.
Step 2: Multiply the original number by 0.50
For example, if the original number is 100, multiply 100 by 0.50, which gives 50.
Step 3: Add the result to the original number
100 + 50 = 150.
To calculate the percentage increase in Excel, follow the steps given below:
Enter the old value in cell A1 and the new value in cell A2.
In cell A3, enter the formula =((A2-A1)/A1)*100.
Finally, press Enter, and Excel will compute the percentage increase for you.
To add 20% to a number, first you need to multiply the number by 20% (or 0.20). After multiplying, you need to add the result to the original number. For example, to add 20% to 50:
Step 1: Multiply 50 by 0.20
50 × 0.20 = 10.
Step 2: Add 10 to 50
50 + 10 = 60.
So, adding 20% to 50 gives you 60.