For example, last year's sales were $135,000. This year's sales are $75,000. How do I get the percentage variance. Thanks - need ASAP.How do I calculate a percentage variance?
Percent variance is (new-previous)/previous * 100
So:
(75,000-135,000)/135,000
-60,000/135,000 =- 0.444444
*100 = -44.4%
So the percent variance is -44.4%.
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