answersLogoWhite

0


Best Answer

The formula for rate of percentage increase is:

(Old Value - New Value) ÷ Old Value x 100

or

(New Value - Old Value) ÷ Old Value x 100

The reason for the two formula's are that they're exactly the same but depending on the numbers you do not want to result in a negative number.

Let's take an example: Sally purchased a television set in 2012 for $1000. In 2016, Sally sold the television for $6000. Calculate her percentage of increase.

Now we use the formula:

(New Value - Old Value) ÷ Old Value x 100

or

(($6000 - $1000) ÷ $1000) x 100

($5000 ÷ $1000) x 100

5 x 100

500

Thus Sally sold her television set for a 500% increase from when she bought it.

User Avatar

Wiki User

βˆ™ 11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the formula for rate of percentage increase?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How is the rate of natural increase determined?

The formula for finding the rate of natural increase is as follows: (Crude birth rate - Crude Death Rate) / 10. The result is the rate of natural increase in percentage form. For example, Paraguay's crude birth rate (28.47) - the crude death rate (4.49) is 23.98; divide that by 10 and the result is 2.39%, Paraguay's rate of natural increase.


What is the percent of increase of 16.65 to 19.98?

Percentage of change is always in the following formula: (rate of increase ÷ current rate) x 100 = Pi% So (19.98 ÷ 16.65) x 100 = 120%. So there was a 120% increase from 16.65 to 19.98.


What is the formula for rate of percentage decrease?

ghjntgjmhgjmh


How do you find calculate the NIR?

The formula to calculate the natural increase rate is (crude birth rate-crude death rate)/10 = % natural increase.


What are the formulas for finding base rate and percentage?

Percentage Amount = Rate x Base


What is the percentage increase if the interest rate rises from 5 percent to 9 percent?

4%increase


What is the formula in getting base in math?

Base=percentage divided by rate


What are the formula of how to measure growth in a company?

The formula to measure growth is a company is simple. The annual percentage growth rate is the percentage of growth divided by the number of years.


What is the formula of 10 percent of 600?

Percentage = Base * Rate Percentage = 600 * 10% = 600 * 0.1 = 60


Olympic caliber athletes may be able to increase their metabolic rate by what percentage?

2000%


What is the starting point when you divide the amount of increase by it to calculate the rate of increase?

The starting point is the original value or amount before the increase. To calculate the rate of increase, you divide the amount of increase by the original value and then multiply by 100 to express it as a percentage.


What is calculated by using a standard formula to show the cost of a loan?

annual percentage rate