Relative Value Calculator

Formula

The formula to calculate the New Value (NV) is:

\[ NV = BV \times \left( 1 + \frac{RC}{100} \right) \]

Where:

\( NV \) is the new value after the relative change
\( BV \) is the base value before the change
\( RC \) is the relative change in percentage

Definitions

New Value (NV): The value after applying the relative change.
Base Value (BV): The original value before the change.
Relative Change (RC): The percentage change applied to the base value.

Example

Let's say the base value (BV) is $100 and the relative change (RC) is 20%. Using the formula:

\[ NV = 100 \times \left( 1 + \frac{20}{100} \right) \]

We get:

\[ NV = 100 \times 1.2 = 120 \text{ dollars} \]

So, the new value is $120.

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