How do you calculate the percent change of 14.1 and 15.8 ?
See a solution process below:
The formula for calculating the percent change in a value between two points in time is:
Substituting and solving for
The percent change is:
To calculate percent change, use the formula
If the top is negative, then you have a percent decrease. If the top is positive, then you have a percent increase.
Assuming 14.1 is the old number and 15.8 is the new number, we can calculate