Percent Increase or Decrease

Front

What is the formula to calculate percent increase?

Back

Percent Increase = ((New Amount - Original Amount) / Original Amount) * 100

Front

What is the formula to calculate percent decrease?

Back

Percent Decrease = ((Original Amount - New Amount) / Original Amount) * 100

Front

If the original amount is 400 and the new amount is 408, what is the percent increase?

Back

2% increase

Front

If the original amount is 785 and the new amount is 628, what is the percent decrease?

Back

20% decrease

Front

How do you interpret a percent increase in a real-world context?

Back

A percent increase indicates how much a quantity has grown relative to its original value.

Front

How do you interpret a percent decrease in a real-world context?

Back

A percent decrease indicates how much a quantity has shrunk relative to its original value.

Front

What does a 0% change indicate about the original and new amounts?

Back

A 0% change indicates that the original amount and the new amount are the same.

Front

If the original amount is 600 and the new amount is 606, what is the percent increase?

Back

1% increase

Front

If the original amount is 400 and the new amount is 364, what is the percent decrease?

Back

9% decrease

Front

What is the significance of understanding percent changes in finance?

Back

Understanding percent changes helps in evaluating investments, pricing strategies, and financial performance.