http://www40.statcan.gc.ca/l01/cst01/gbl鈥?/a>
For example, the above link shows exports and imports of Canada. I want to find the percentage of increase of imports from USA to Canada from 2003 and 2008.
The amount of imports from USA to Canada has increased by ___% from 2003 to 2008.
Help?How do I calculate the percentage increase?
2003: 240,356.3
2008: 280,773.1
Imports from US to Canada:
(2008 info - 2003 info)/(2003 info) x 100% = Percentage increase(+)/decrease(-)
(280773.1 - 240356.3)/240356.3 x 100%
= 40416.8/250356.3 x 100%
= .161437 x 100%
= 16.14%
Imports from US to Canada increased 16.14% from 2003 to 2008.How do I calculate the percentage increase?
Let f = first value measured.
let l = last value
Let x = percentage increase
f(1+x)=l
1+x=l/f
x=(l/f)-1
So if the first measure were 100 and it grew to 150
x = (150/100) - 1
x =( 3/2) - 1
x= 1/2
x = 50%
Clear? Good luck!How do I calculate the percentage increase?
To calculate any percentage change the formula is
((final - initial)/ initial) *100
Therefore
final=2008 imports from US or 280733.1
initial=2003 imports from US or 240356.3
so:
((280733.1-240356.3)/240356.3)*100=
+16.8% increase
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