For now, let ‘s see a couple of examples where it is useful to talk about percentage difference. Let ‘s say you want to compare the size of two companies in terms of their employees. In this case, the company
Chas 93 employees, and company
Bhas 117. To compare the difference in size between these two companies, the percentage deviation is a good quantify. In this subject, using the share difference calculator, we can see that there is a deviation of 22.86 %. One identify sport of the share difference is that it would still be the like if you switch the number of employees between companies. As we have established before, percentage difference is a comparison without direction.
It is, however, not correct to say that company
Cis 22.86 % smaller than company
B, or that
Bis 22.86 % larger than
C. In this shell, we would be talking about percentage change, which is not the same as percentage difference. Another problem that you can run into when expressing comparison using the percentage remainder, is that, if the numbers you are comparing are not similar, the percentage difference might seem misleading. Why ?
imagine that caller
C merges with company
A, which has 20,000 employees. now the fresh company,
CA, has 20,093 employees and the percentage difference between
B is 197.7 %. Let ‘s take it up a notch. now a new company,
T, with 180,000 employees, merges with
CA to form a company called
CAT. We ‘re not quite certain what this party does, but we think it ‘s something feline related.
CAT nowadays has 200.093 employees. now, the percentage difference between
CAT rises only to 199.8 %, despite
CAT being 895.8 % bigger than
CA in terms of percentage addition.
Reading: Percentage Difference Calculator
“How is this even possible?” Thats a effective wonder. The rationality here is that, despite the absolute remainder gets bigger between these two numbers, the change in percentage remainder decreases dramatically. The two numbers are therefore far apart that such a bombastic increase is actually quite little in terms of their current difference. consequently, if we want to compare numbers that are very different from one another, using the percentage difference becomes misleading. If you want to avoid any of these problems, our recommendation to merely compare numbers that are unlike by no more than one ordain of magnitude ( two if you want to push it ). If you want to learn more about orders of magnitude and what this condition means, we recommend our scientific notation calculator .
As with anything you do, you should be careful when you are using the percentage difference calculator, and not fair use it blindly. In our exemplar, the share dispute was not a great creature for the comparison of the companies
B. At the end of the day, there might be more than one means to skin a
CAT but not every means was made evenly .