How do you calculate the percent change of 51,000 to 63,000?

1 Answer
Jun 8, 2016

Answer:

Percent change is #23.53%#

Explanation:

When a change is from #x_1# to #x_2# (this means #x_1# is observation of an earlier time / period, than of #x_2#) and the quantum of change is measured as #x_2-x_1#.

For percentage change we have to calculate #(x_2-x_1)/x_1xx100#

which means quantum of change divided by observation of an earlier time / period and then multiplied by #100#.

Hence, percent change of #51,000# to #63,000# is given by #(63000-51000)/51000xx100=12000/51000xx100#

= #12/51xx100=(4cancel12)/(17cancel51)xx100=400/17=23.53%#