1. What is Growth Percentage?

Growth percentage measures the relative change between an old value and a new value, expressed as a percentage. It's commonly used in business, finance, economics, and statistics to track performance changes over time.

2. How Does the Calculator Work?

The calculator uses the growth percentage formula:

Where:

• \( \text{New Value} \) — The current or final value
• \( \text{Old Value} \) — The previous or initial value
• \( \times 100 \) — Converts the decimal to percentage

Explanation: The formula calculates the relative change from the old value to the new value, showing how much the value has increased or decreased as a percentage of the original value.

3. Importance of Growth Percentage Calculation

Details: Growth percentage is essential for analyzing business performance, investment returns, economic indicators, population changes, and any situation where tracking relative change over time is important.

4. Using the Calculator

Tips: Enter the old value and new value in the same units. 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 growth percentage exceed 100%?
A: Yes, growth percentage can exceed 100% when the new value is more than double the old value.

Q3: What's the difference between growth rate and growth percentage?
A: Growth rate is typically expressed as a decimal, while growth percentage is the rate multiplied by 100 to express it as a percentage.

Q4: How is this different from percentage change?
A: Growth percentage and percentage change are essentially the same calculation, measuring relative change between two values.

Q5: When is growth percentage most useful?
A: It's most useful for comparing changes across different scales and time periods, especially when absolute numbers vary significantly.