How To Calculate Percentage Increase
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Whether you’re calculating your savings account growth or your employee’s performance, knowing how to compute percentage increase is an essential skill. By learning how to calculate percentage increase, you’ll gain a better understanding of the changes in your finances over time as well as the progress of your employees.
To calculate percentage increase, start by finding the difference between the two numbers (a. the original number and b. the final number).
For example: if your original number is 5 and your final number is 10, the difference is 5.
Next, divide the difference of the two numbers by the original number. So for our example, 5 divided by 5 is 1.
Finally, multiply your answer by 100 to find the percentage increase. So in this case, 1 x 100 is 100. This means that the percentage increase is 100%.
When analyzing financials and employee performance, knowing how to calculate percentage increase (or decrease) is a very useful skill. With a few simple steps, you can quickly gain insight into the shift in numbers over a set period of time.