Variance as a percentage

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:24AM in AAT student discussion
Hi there

Can anyone help me please. How do you work out the variance as a percentage?

Thanks

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Variance as a percentage

    If this years sales were £160,000 and last year's £120,000 you would:

    (£160,000 - £120,000)/£120,000 * 100 = 33.33% increase on the previous year.

    Kind regards
    Steve

    p.s. I'm not sure why this thread states nil replies! I'll PM Malcolm.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Variance as a percentage

    Thanks very much. That was really helpful.

    Maria

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