What is the percent increase from 70 to 98?
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The formula for calculating the percent change in a value between two points in time is:
p
=
N
−
O
O
⋅
100
Where:
p
is the percent change - what we are solving for in this problem.
N
is the New Value - 98 in this problem.
O
is the Old Value - 70 in this problem.
Substituting and solving for
p
gives:
p
=
98
−
70
70
⋅
100
p
=
28
70
⋅
100
p
=
2800
70
p
=
40
There is a 40% increase from 70 to 98
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