Percent Change in Price

The Percent Change in Price calculator computes the percentage change in price based on base price and a revised price.

INSTRUCTIONS: Choose units and enter the following:

• (BI) This is the base or previous price
• (RI) This is the revised or new price

Percent Change in Price (CP):  The change is returned as a percentage.  However, this can be converted to a real number via the pull-down menu.

Related Calculators

• Midpoint Method for Price Elasticity of Demand
• Income Elasticity of Demand
• Simple Price Elasticity of Demand

The Math / Science

The formula for Percent Change in Price is:

      CP = (RP - BP) / BP

where:

• CP is the Percent Change in Price
• BP is the base or previous price
• RP is the revised, new or current price