
Cheryl A.
asked 03/07/19Explain negative percent on negative to positive sales
Hi I have a question about how do I explain a negative percent for sales that is positive compared to negative sales the prior year? Last sales was a -$1,296.00 and this year sales is $356.00 but when doing this formula of =(this year - last year)/last year the result is a negative percent. How do I explain the formula is correct although the sales is an increase?
1 Expert Answer

Patrick B. answered 06/12/20
Math and computer tutor/teacher
(356 - -1296)/ | -1296|
= (356 + 1296)/1296
= 1652/1296
= 1.27863....
= 127.863....%
the sales INCREASED by over 127%
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Patrick B.
The OFFICIAL formula is (new # - old #) / | old # |06/12/20