Dear English speakers,
could you help me decide whether I must use 'by' to specify how much times one number increased / decreased in relation to another number, as in the example below.
To me, it looks like there is substantial difference in the meaning.
The company's revenue increased two times in 2018 = the revenue doubled (eg from USD 1,000,000 in 2017 to USD 2,000,000 in 2018)
The company's revenue increased by two times in 2018 = the 2018 revenue increased BY an amount exceeding the 2017 level twice (i.e. USD 1,000,000 + USD 2,000,000 = USD 3,000,000).
Is this understanding correct or not? Thanks in advance to those who comment.
could you help me decide whether I must use 'by' to specify how much times one number increased / decreased in relation to another number, as in the example below.
To me, it looks like there is substantial difference in the meaning.
The company's revenue increased two times in 2018 = the revenue doubled (eg from USD 1,000,000 in 2017 to USD 2,000,000 in 2018)
The company's revenue increased by two times in 2018 = the 2018 revenue increased BY an amount exceeding the 2017 level twice (i.e. USD 1,000,000 + USD 2,000,000 = USD 3,000,000).
Is this understanding correct or not? Thanks in advance to those who comment.