The ratio of the difference in the amount to its starting value multiplied by 100 is the percentage change or the percent change of a quantity. Percentage change is the difference between the old and the new values after subtracting the old from the latest, dividing by the old and multiplying the final result by 100 to show it as a percentage.

The word ‘percentage’ is derived from the Latin phrase ‘per centum’, which means ‘by the hundred’.  Percentages are fractions with a denominator of 100. Putting in another way, it is the relationship between the portion and the whole in which the whole is always valued at 100.

If the value of percentage increase or decrease is given along with the product's final value, and you need to find the initial value before the percentage increases or decreases at that time, the reverse percentage is used. Or it can be said that the value of some quantity after it has been either increased or decreased by a given percentage. Then, find the value of that quantity before it was increased or decreased, and it will be calculated with the help of reverse percentage.