Calculate the percentage change between two values
=TO_PERCENT((new_value-old_value)/old_value)
Source: Ben Collins submitted by Keshia Rose
This function calculates the percentage change between two values. It is useful for comparing the difference in values over time or between two data points. To use this function, input the original value (old_value
) and the new value (new_value
) into the formula PERCENT_CHANGE(old_value, new_value)
. This results in a clear, percentage-based representation of the increase or decrease from the original value to the new value, making it useful for financial analysis, growth tracking, or assessing changes in data points over time.
Function name: PERCENT_CHANGE
Function description: Calculate the percentage change between two values
Argument placeholders: old_value, new_value
Formula definition: =TO_PERCENT((new_value-old_value)/old_value)
Argument description (old_value): The first or old number.
Argument example (old_value): 15
Argument description (new_value): The second or new number.
Argument example (new_value): 20
Named functions enable the creation of custom, reusable formulas that mimic built-in functions, streamlining calculations and data manipulations. These functions simplify complex formulas, making spreadsheets more readable and less prone to errors. By encapsulating intricate logic within a single function call, they enhance consistency across your data. Utilizing named functions reduces the need to write lengthy formulas repeatedly, thereby improving workflow efficiency and productivity in data analysis and management.
Follow these simple steps to download and import the function into your spreadsheet. This method is the quickest and easiest way to add the named function to your Google Sheets document, but will not include the argument description and examples:
Once added, the function will be ready to use in your document like any other built-in function. Simply type the function name and provide the required inputs to use it in your calculations.
Follow these simple steps to integrate the function into your spreadsheet:
Once added, the function will be ready to use in your document like any other built-in function. Simply type the function name and provide the required inputs to use it in your calculations.
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