Quandaries and Queries
  

 

I would like to ask the following question to have the correct formula:

Last year sales was 120,000 $ and this year sales is 280,000 $, there was an increase in sales. what I would like to know is the percentage increase between the years with the formula.

Thank you,

Dory
 

 

Hi Dory,

Percentage change is the change, as a percentage of the starting value. If the change is positive it is a percentage increase and if it is negative it is percentage decrease. In your example the change is 280,000 - 120,000 = 160,000. The starting value is 120,000 so the percentage increase is

 160,000/120,000 100 = 133.33%

Penny