In this article, we will learn about how to calculate the old or Original amount amount from the percent change and new or updated amount in excel using a formula.
To find the old amount when the new amount and its percentage increase value is given. Use the formula to get the old amount in excel.
Syntax for the formula:
Percent increase :
Let’s understand this formula using in the example shown below.
Here we will use the percentage increase value formula to get the old Amount in the example shown below.
Use the Formula in D3 cell
Explanation : The new amount will be divided by the percentage change plus one.
Here the values to the function is given as cell reference.
As you can see in the above snapshot first old Amount before increment is $ 7,000.00 .
Copy the formula in the remaining cells using Ctrl + D shortcut, to get the New Amount for the rest of the values in the table.
In the above snapshot the mathematical formula used to get the Old amount in the excel.
Hope you understood how to calculate Calculate old or original Amount in Excel. Explore more articles on Mathematical formulation like Increase by percentage and Profit margin percentage in Excel here. Mention your queries in the comment box below. We will help you with it.
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