To find the percentage change from 500 to 1500, we need to first calculate the difference between the two numbers.
Step 1: Difference = Final Value - Initial Value
Difference = 1500 - 500
Difference = 1000
Step 2: Next, we need to find the absolute value of the difference. This is because percentage change is always calculated as a positive value.
Absolute Difference = |Difference|
Absolute Difference = |1000|
Absolute Difference = 1000
Step 3: Now, we can calculate the percentage change using the formula:
Percentage Change = (Absolute Difference / Initial Value) x 100
Percentage Change = (1000 / 500) x 100
Percentage Change = 200%
Therefore, the percentage change from 500 to 1500 is 200%. This means that there was an increase of 200% from 500 to 1500.