Percent Improvement Formula:
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Definition: This calculator measures the percentage change between an old value and a new value, showing improvement or degradation.
Purpose: It helps quantify performance improvements, cost reductions, efficiency gains, or any measurable change between two values.
The calculator uses the formula:
Where:
Explanation: The formula calculates the relative difference between the old and new values as a percentage of the old value.
Positive Value: Indicates improvement (new value is better than old value)
Negative Value: Indicates degradation (new value is worse than old value)
Zero Value: No change between old and new values
Tips: Enter the original (old) value and the new value. The old value must be greater than zero.
Q1: What does a 20% improvement mean?
A: It means the new value is 20% better than the old value (e.g., time reduced from 100s to 80s).
Q2: Can this calculate percentage decrease?
A: Yes, a negative result indicates a percentage decrease in performance.
Q3: What if my old value is zero?
A: The calculation is undefined (division by zero). You cannot calculate percentage improvement from zero.
Q4: How is this different from percentage change?
A: It's essentially the same calculation, but typically used specifically to measure improvements.
Q5: Can I use this for financial metrics?
A: Yes, it works for costs, revenues, profits, or any quantifiable metric.