SOLUTION: What is the formula to figure the percentage one number represent over another? For example if I sold $1,613 last year, and will sell $1,804 this year, what is the % increase?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: What is the formula to figure the percentage one number represent over another? For example if I sold $1,613 last year, and will sell $1,804 this year, what is the % increase?      Log On


   

Question 17880: What is the formula to figure the percentage one number represent over another? For example if I sold $1,613 last year, and will sell $1,804 this year, what is the % increase?
Answer by jpstewa(1) About Me  (Show Source):
You can put this solution on YOUR website!
The percentage is easily found by dividing amount 2 by amount 1, subtracting 1 and multiplying by 100. The result is a positive or negative percentage, depending if amount 2 > or < amount 1.
The specific answer to your question would be:
{[(1804/1613)-1]*100} = {[(1.11841...)-1]*100} = 11.8412895... %