Percent Change Calculator
Calculate the percent change between two values.
Frequently Asked Questions (FAQs):
- What is percent change, and why is it important?
- Percent change measures the relative difference between two values, often expressed as a percentage increase or decrease. It’s important in data analysis for quantifying shifts in quantities over time or between different scenarios.
- What is the formula for calculating percent change?
- The formula for calculating the percent change between an initial value V₁ and a final value V₂ is:
- Where V₁ is the initial value and V₂ is the final value.
- How do I interpret percent change values?
- Percent change indicates the relative shift in values. A positive percent change signifies an increase, while a negative percent change indicates a decrease. Percent change helps compare changes between values of different magnitudes.