Percentage change is a mathematical concept that measures the relative change between two values over time or between different scenarios. It expresses the difference as a percentage of the initial value, allowing for easy comparison of changes across different scales or contexts.
To calculate percentage change:
The formula for percentage change is:
\[ \text{Percentage Change} = \frac{\text{Final Value} - \text{Initial Value}}{\text{Initial Value}} \times 100\% \]
Let's calculate the percentage change from an initial value of 50 to a final value of 75
Visual representation of 50% increase from 50 to 75
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