Percentage change = (frac{text{New} – text{Old}}{text{Old}} times 100%)
For an increase: (text{New} > text{Old})
Example: (frac{120 – 100}{100} times 100% = 20%)
If needed, round to the desired number of decimal places
Percentage change = (frac{text{New} – text{Old}}{text{Old}} times 100%)
For an increase: (text{New} > text{Old})
Example: (frac{120 – 100}{100} times 100% = 20%)
If needed, round to the desired number of decimal places