Annual growth %
Annual growth % is a way to measure how much something has grown or changed over the course of a year.
Imagine you have a garden with one tomato plant. In January, your tomato plant is small and only has a few leaves. By December, it has grown tall and has many big, juicy tomatoes on it. The annual growth % tells you how much bigger your tomato plant has gotten in one year.
Let’s say that in January, your tomato plant was only 1 foot (30 cm) tall. By December, it had grown to be 2 feet (60 cm) tall. To calculate the annual growth %, you need to know the starting size of your tomato plant and the ending size of your tomato plant.
To calculate the percentage, you subtract the starting size from the ending size and divide that number by the starting size. In this case, the growth would be 2 feet - 1 foot = 1 foot. Then you divide that by the starting size, which is 1 foot.
So we get: 1 foot / 1 foot = 1
We then multiply this result by 100 to get the growth as a percentage: 1 x 100 = 100%.
So your tomato plant grew by 100% in one year! This means that it doubled in size over the course of the year.
Annual growth % can be used to measure how much things like plants, bank accounts, and even countries have grown or changed in a year. It’s a great way to see how things are progressing over time.
Imagine you have a garden with one tomato plant. In January, your tomato plant is small and only has a few leaves. By December, it has grown tall and has many big, juicy tomatoes on it. The annual growth % tells you how much bigger your tomato plant has gotten in one year.
Let’s say that in January, your tomato plant was only 1 foot (30 cm) tall. By December, it had grown to be 2 feet (60 cm) tall. To calculate the annual growth %, you need to know the starting size of your tomato plant and the ending size of your tomato plant.
To calculate the percentage, you subtract the starting size from the ending size and divide that number by the starting size. In this case, the growth would be 2 feet - 1 foot = 1 foot. Then you divide that by the starting size, which is 1 foot.
So we get: 1 foot / 1 foot = 1
We then multiply this result by 100 to get the growth as a percentage: 1 x 100 = 100%.
So your tomato plant grew by 100% in one year! This means that it doubled in size over the course of the year.
Annual growth % can be used to measure how much things like plants, bank accounts, and even countries have grown or changed in a year. It’s a great way to see how things are progressing over time.