Wednesday, February 15, 2012

How do you calculate the percentage of increase in revenue from one year to the next?

example: In 2004 the company had revenues of $30,838 and in 2005 the company had revenues of $36,464. What is the formula for figuring the percentage of increase?

ThanksHow do you calculate the percentage of increase in revenue from one year to the next?
(2005 Revenue) minus (2004 Revenue)equals (the difference)



NEXT STEP



(difference) divided by (2004 Revenue)



NEXT STEP



convert the decimal answer to percentage



Ask another question if you need help converting decimal to percent.. or if u need the answer
36464 - 30838 divide by 30838 will give you a % increase in the year of 18.2%.How do you calculate the percentage of increase in revenue from one year to the next?
Relatively easy.



30838/36464 = x/100



x= (36464 * 100)/30838



That would give you about a 18% increase.
The increase in income is $ 5626.00. You arrive at the per-centage by dividing the amount of increase by the amount of last years income, or 18.2 per-cent. Now, that i've done your homework for you, you can go out and play.How do you calculate the percentage of increase in revenue from one year to the next?
% increase = [(Amnt of increase)/(Original amnt)] * 100%



where



Amt of increase = New amt - Original amt.



That is,



% increase = [(New amt - Original amt)/Original amt] * 100%



Let's find the percent increase using this formula and your numbers.



% increase

= [($36,464 - $30,838)/$30,838] * 100%

= [$5626/$30,838] * 100%

= [0.18243725274012581879499319021986] * 100%

= 18.243725274012581879499319021986%

= 18.24%



The percent increase in revenue from 2004 to 2005 is approximately 18.24%.
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