1. What is Hike Percentage?

Hike percentage is a measure of the relative increase between an old value and a new value. It's commonly used in salary negotiations, price increases, performance metrics, and other comparative analyses.

2. How Does the Calculator Work?

The calculator uses the hike percentage formula:

Where:

• \( \text{New Value} \) — The current or increased value
• \( \text{Old Value} \) — The original or previous value

Explanation: The formula calculates the relative difference between the new and old values as a percentage of the old value.

3. Importance of Hike Percentage Calculation

Details: Calculating percentage hike is essential for understanding growth rates, comparing changes over time, making financial decisions, and evaluating performance improvements.

4. Using the Calculator

Tips: Enter both old and new values in the same units. Values must be positive numbers. The calculator will show the percentage increase (or decrease if negative).

5. Frequently Asked Questions (FAQ)

Q1: What does a negative hike percentage mean?
A: A negative percentage indicates a decrease rather than an increase between the old and new values.

Q2: How is this different from percentage difference?
A: Hike percentage specifically measures increase from an original value, while percentage difference compares any two values without directionality.

Q3: Can I use this for salary hike calculations?
A: Yes, this is commonly used to calculate salary increases. Enter old salary and new salary to find the hike percentage.

Q4: What's the maximum possible hike percentage?
A: There's no theoretical maximum. A hike from 1 to 2 is 100%, from 1 to 3 is 200%, etc.

Q5: How do I calculate the reverse (find new value from percentage hike)?
A: New Value = Old Value × (1 + (Hike Percentage/100)). This calculator doesn't perform that calculation.