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TERM
Percent Change (% Chg)
Percent difference between two values.
Definition
Percent change equals change divided by starting value times 100.
How to Calculate
Subtract old value from new, divide by old, multiply by 100.
Why it Matters
Shows growth rates clearly.
Key Advantages
Comparable across scales and units.
Example
From $1.00 to $1.20 is 20 percent.
Use it to
Express movement between periods as a percent to compare rates across metrics with different scales. Use percent change when absolute differences would overstate shifts on large bases.
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