Free online percentage variance calculator – Simply enter a new value and an old value then click the calculate button.
Formula
The formula for calculating percentage variance is:
PV = ((NV – OV) / OV) *100
Where,
- PV = Percentage variance
- NV = New value
- OV = Old value
How to calculate percentage variance?
Here’s a step-by-step guide on how to calculate percentage variance
- Determine the old value and new value
- Subtract an old value from the new value, difference = new value – old value
- Divide the difference by the old value
- Last, multiply by 100 to get the percentage variance
Solved Example
Example – The old value is 50 and the new value is 75 then find the percentage variance.
Solved
Given, old value = 50, new value = 75
Percentage variance = (75 – 50)/50 = 25/50 *100 = 50%
Therefore, 50% increase from old values to new values.