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FutureStarrThe Percent Increase From 18 to 26 Is About OR
How did we go from 18 to 26 blogs that have helped our startup grow from $0 to $100,000/mo in revenue?
Calculating percentage increase is an important skill for geographers to have. When geographers collect data over a period of time the results may increase. Calculating a percentage increase allows a geographer to see how much their data has changed. For example, it may be useful to find out how much the width of a river channel increases as you travel downstream.
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Percentage increase is useful when you want to analyse how a value has changed with time. Although percentage increase is very similar to absolute increase, the former is more useful when comparing multiple data sets. For example, a change from 1 to 51 and from 50 to 100 both have an absolute change of 50, but the percentage increase for the first is 5000%, while for the second it is 100%, so the first change grew a lot more. This is why percentage increase is the most common way of measuring growth.
Changes happen every day. Like, one day the temperature outside can be nice and warm, and you wear a shirt and shorts to go play outside. But, then the next day can be cold, and you end up wearing your grandma's sweater with pants. In business, important changes, such as less sales one year compared to the previous year, need to be analyzed. To help businesses analyze these changes, we calculate the percentage increase or decrease, the amount of increase or decrease expressed as a percentage. (Source: study.com)