PERCENTAGE CHANGE EXAMPLES, STEP BY STEP

Four real-world examples solved with the percentage change formula

Each example below follows the same three steps: identify the start value (Vi) and end value (Vf), apply the formula, then interpret the result. Once you've seen the pattern, you can solve any percentage change problem the same way — or just use the percentage change calculator to skip straight to the answer.

The formula used throughout:
(Vf - Vi) / Vi × 100 = percentage change


1. Salary raise


Your annual salary goes from $52,000 to $56,160. What is the percentage increase?

Step 1 — identify the values: Vi = 52,000, Vf = 56,160
Step 2 — apply the formula: (56,160 - 52,000) / 52,000 × 100 = 4,160 / 52,000 × 100 = 8
Step 3 — interpret: Your salary increased by 8%.


2. Population growth


A town's population grows from 18,400 to 19,872 residents over one year. What is the percentage growth?

Step 1: Vi = 18,400, Vf = 19,872
Step 2: (19,872 - 18,400) / 18,400 × 100 = 1,472 / 18,400 × 100 = 8
Step 3: The population grew by 8% over the year.


3. Exam score change


A student scored 68 out of 100 on the first test and 59 out of 100 on the second. What is the percentage change in score?

Step 1: Vi = 68, Vf = 59
Step 2: (59 - 68) / 68 × 100 = -9 / 68 × 100 = -13.24
Step 3: The score declined by 13.24%. The negative sign shows a decrease.


4. Fuel price


The price of a gallon of gas rises from $3.10 to $3.42. What is the percentage increase?

Step 1: Vi = 3.10, Vf = 3.42
Step 2: (3.42 - 3.10) / 3.10 × 100 = 0.32 / 3.10 × 100 = 10.32
Step 3: Gas prices rose by 10.32%.

Want the theory behind these steps? Read the percentage change formula explained, or plug in your own numbers with the percentage change calculator.