Guides
Guides
Percentage change vs percentage points
A change in a rate can be described in two different ways.
GuidesHow discount calculations work
A discount removes a fraction of the original price.
GuidesMarkup is not profit margin
Markup uses cost as the base, while margin uses selling price.
GuidesReverse a percentage calculation
Reverse percentages divide by the rate instead of multiplying by it.
GuidesRound percentage results deliberately
Rounding too early can change later calculations.