Numbers hold specific importance in business and personal life. Percentages and numbers represent information by quantifying the facts. They are a good source of tracking the success, progress or growth of certain tasks. They also act as a guide to point out inefficiencies that need improvement. Decisions based on facts and numbers are more strategic and practical. Whether you are calculating monthly budgets, and expenses, or analyzing sales in the office you often need to tackle percentages and our percentage increase calculator can efficiently perform these calculations for you. In this article, we will explain how the online percentage calculator can be used to simplify such tasks and improve accuracy.
What is a Percentage Increase Calculator?
A percentage increase calculator is a tool to measure the percentage increase between two values. Usually, we do so to compare two values. For example, you can measure an increase in the transportation expenses of the previous and current month. Or you can measure your financial growth by comparing your current earnings with the last income.
How to Use a Percentage Increase Calculator
This tool requires no extra learning and you can simply measure the percentage increase by just following these steps:
1. Enter the Original Amount: Enter the first or initial amount from where you want to measure the increase. For example, in the above example, the first amount will be the transportation expense of the previous month.
2. Enter the New Value: Input the second or final value after the change. In our discussed example, it would be the transportation expense of the current month.
3. Calculate the Percentage Increase: Once you have provided values, the calculator will display the percentage increase on the screen after calculating it using the formula:
Increase in percentage = (relative increase/ initial value) * 100
Where relative increase = final value – initial value
Example: Consider that your transportation expenses were $350 last month. But you calculated it to be $400 this month. Now, the percentage increase will be:
relative increase= $400 – $350 = $50
percentage increase = ($50 / $350) * 100 = 14.28%
Benefits of Using a Percentage Increase Calculator
1. Simplicity: The online calculator provides a simple percentage increase by performing complex calculations on its own.
2. Accuracy: The percentage increase calculator increases the accuracy of the result as the automated calculations performed by the calculator are less likely to show wrong results by reducing the possibility of human error.
3. Efficiency: You can analyze any trend or growth by comparing different values without any manual calculations. Hence it increases efficiency by providing quick and accurate results.
4. Versatility: There is no single use of a percentage calculator. You can use it for various functions like tracking personal achievements, managing your budget or comparing sales in the office.
Practical Examples of Using a Percentage Increase Calculator
1. Sales analysis: Analyze the growth in your sales from one time period to another. Monitoring sales is essential to evaluate your performance and help you set future goals.
2. Performance Metrics: Measure performance metrics such as website traffic or productivity to keep track of the changes and growth.
3. Financial Investment: Evaluate the percentage increase in your investments from time to time to track profitability.
4. Academic Achievement: Track your academic achievements by measuring increases in scores or grades.
How to Access a Percentage Increase Calculator
To easily calculate percentage increases, use our online percentage increase calculator. This tool is designed to provide instant and accurate results by following a simple process of two steps. Input the original value and the final value after the change. Our online calculator will automatically display the calculated results to the user. This tool offers several benefits as it is accessible to everyone at any time and it does not require any extra resource other than the internet for its working.
Conclusion
A percentage increase calculator is a very useful tool to keep track of changes in terms of percentage. It makes our lives better by helping us make informed decisions based on figures and data instead of guesswork. Whether you want to evaluate your personal growth or analyze sales, profit and investments, this tool is a perfect choice to rely on.
Check our online percentage calculator today.