`CI = ( "RI" - "BI" )/( "BI" )`

Enter a value for all fields

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

INSTRUCTIONS: Choose units and enter the following:

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

Percent Change in Income(CI):  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 Income is:

      CI = (RI - BI) / BI

where:

• CI is the Percent Change in Income
• BI is the base or previous income
• RI is the revised, new or current income