If I have sum of money "A", which, when invested, becomes sum of money "B" after a number of years, what is the formula that will give me the overall growth of "B" as a percentage of "A"?
Many thanks...
BJ
- posted
19 years ago
Help me with a formula?
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- posted
19 years ago
Are you sure you mean what it sounds like you mean? For instance, if you invest £1000 and after 5 years it has become £1500, do you want the answer to be 50%?
If so, just take B/A-1, and multiply by 100.
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- posted
19 years ago
Do you need the formula or will an online calculator do?
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If you need the formula...er...here's another URL which will also do it for you:
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hth
JR
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- posted
19 years ago
100*(B-A)/A
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- posted
19 years ago
In your example above, would it be correct to say that the 1000 has increased by 50% - or by 150%? If I wanted to use "150%" (to sound more impressive), what would be the appropriate wording? "Increased
150%", perhaps?Thanks
Jake
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- posted
19 years ago
Yes. No. In that order. Which part of B/A-1 don't you understand?
Certainly not. Try "increased to 150%". But don't bother. What the do you want to sound impressive for, anyway?