Calculate Growth Percentage

How to calculate growth percentage?

Calculating Growth Percentage

Growth Percentage is the calculation performed to find the growth difference between two values for the determined time period. Here is a simple step by step tutorial to find the growth percentage.

Formula to find Growth Percentage
Growth Percentage = ((Present Value - Past Value) / Past Value) x 100

Step 1: Consider that a Company has sold 2000 Android mobiles in the year of 2014 and 2500 Android mobiles in the year of 2015. Find the Growth percentage.
Total mobile sold in 2014 = 2000 (Past value)
Total mobile sold in 2015 = 2500 (Present value)

Step 2: Substitute the values in the formula.
Growth percentage = (Present value - Past value / Past Value) x 100.
= ( 2500 - 2000 / 2000) x 100
= (500/2000) x 100
= 0.25 x 100
Growth percentage = 25%

So, the Growth percentage of the company has increased 25 Percentage when compared to last year.