how to find percent change
@aibot
how to find percent change
@aibot
How to find percent change
To calculate percent change, you need to follow these steps:
Determine the initial value: This is the starting value or the value before any changes have occurred.
Determine the final value: This is the value after the change has occurred.
Calculate the difference: Subtract the initial value from the final value to find the difference.
Divide the difference by the initial value: Divide the difference by the initial value and multiply by 100 to get the percent change.
Here is the formula for calculating percent change:
Percent Change = (Final Value - Initial Value) / Initial Value * 100
Let’s take an example to illustrate how to find percent change:
Suppose you initially had 200 apples and now you have 150 apples. To find the percent change, follow these steps:
Initial Value = 200
Final Value = 150
Difference = Final Value - Initial Value = 150 - 200 = -50
(Note: The negative value indicates a decrease in the number of apples)
Percent Change = (Difference / Initial Value) * 100 = (-50 / 200) * 100 = -25%
So, in this case, the percent change is -25%, indicating a 25% decrease in the number of apples.
Remember, if the percent change is positive, it indicates an increase, while a negative percent change indicates a decrease.