[math] Calculate percentage saved between two numbers?

I see that this is a very old question, but this is how I calculate the percentage difference between 2 numbers:

(1 - (oldNumber / newNumber)) * 100

So, the percentage difference from 30 to 40 is:

(1 - (30/40)) * 100 = +25% (meaning, increase by 25%)

The percentage difference from 40 to 30 is:

(1 - (40/30)) * 100 = -33.33% (meaning, decrease by 33%)

In php, I use a function like this:

function calculatePercentage($oldFigure, $newFigure) {
        if (($oldFigure != 0) && ($newFigure != 0)) {
            $percentChange = (1 - $oldFigure / $newFigure) * 100;
        }
        else {
            $percentChange = null;
        }
        return $percentChange;
}