% increase or decrease

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September 6, 2017 at 4:43 am #405881
khuramch
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Hello Sir..

SIr some time i conclude with wrong ans when i compare % increase/decrease from last year..

In books some time it use last year figure as a denominator and some time current year figure..

Rule:Current year-last year/(current year or last year)

Plz explain what denominator is used and when also why??
September 6, 2017 at 10:06 am #405937
John Moffat
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You use last year as the denominator because you are calculating the % increase on last years figure.
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