To find the percentage change from 550 to 1000, we need to first calculate the difference between the two numbers.
Step 1: Difference = Final Value - Initial Value
Difference = 1000 - 550
Difference = 450
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 = |450|
Absolute Difference = 450
Step 3: Now, we can calculate the percentage change using the formula:
Percentage Change = (Absolute Difference / Initial Value) x 100
Percentage Change = (450 / 550) x 100
Percentage Change = 81.82%
Therefore, the percentage change from 550 to 1000 is 81.82%. This means that there was an increase of 81.82% from 550 to 1000.