Example 5: Missing value from a percentage change
Last Updated On: Fri Aug 28 2026| Year | Revenue |
|---|---|
| 2023 | 400 |
| 2024 | ? |
| 2025 | 450 |
A "?" marks a missing value.
Additional information
- Revenue in 2024 was 25% higher than in 2023.
Question
What was the revenue in 2024, and what was the percentage change from 2024 to 2025?
Solution
- Revenue in 2024 = 400 x 1.25 = 500.
- Change from 2024 to 2025 = 450 - 500 = -50.
- Percentage change = -50 / 500 x 100 = -10%.
- Revenue was 500 thousand dollars in 2024 and then fell by 10% in 2025.