How to Find Percentage Increase Between Two Numbers in Excel
Are you looking to calculate the percentage increase between two numbers in Excel? Whether you’re analyzing financial data, tracking progress, or simply trying to understand the change in a set of values, knowing how to calculate percentage increase is a valuable skill. In this article, we will guide you through the process of finding the percentage increase between two numbers in Excel, step by step.
Understanding the Formula
Before diving into the Excel functions, it’s important to understand the formula for calculating percentage increase. The formula is as follows:
Percentage Increase = [(New Value – Old Value) / Old Value] 100
This formula calculates the difference between the new value and the old value, divides it by the old value, and then multiplies the result by 100 to get the percentage.
Using the Percentage Increase Formula in Excel
Now that you understand the formula, let’s see how to apply it in Excel. Follow these steps to calculate the percentage increase between two numbers:
1. Open your Excel spreadsheet and locate the two numbers you want to compare.
2. In a new cell, type the following formula: =((B2-A2)/A2)100, where B2 is the new value and A2 is the old value.
3. Press Enter, and Excel will calculate the percentage increase between the two numbers.
4. The result will be displayed in the cell where you entered the formula.
Using Excel Functions to Calculate Percentage Increase
Excel offers several functions that can help you calculate percentage increase between two numbers. Here are a few of the most commonly used functions:
1. PERCENTCHANGE: This function calculates the percentage change between two values. The syntax is =PERCENTCHANGE(old_value, new_value).
2. PERCENTRANK: This function returns the rank of a value within a range of values, expressed as a percentage. The syntax is =PERCENTRANK(range, value).
3. PROPER: This function formats a text string with the first letter of each word capitalized. The syntax is =PROPER(text).
To use these functions, simply enter the appropriate formula in a new cell and replace the old and new values with the actual numbers from your spreadsheet.
Conclusion
Calculating the percentage increase between two numbers in Excel is a straightforward process, whether you use the formula manually or leverage Excel’s built-in functions. By understanding the formula and familiarizing yourself with the available functions, you’ll be able to analyze data and track changes with ease. Happy calculating!
