Percent of Change

Front

What is Percent of Change?

Back

Percent of Change is a way to express how much a quantity has increased or decreased in relation to its original amount, calculated as (New Value - Original Value) / Original Value x 100%.

Front

How do you calculate the percent of increase?

Back

To calculate the percent of increase, use the formula: ((New Value - Original Value) / Original Value) x 100%.

Front

How do you calculate the percent of decrease?

Back

To calculate the percent of decrease, use the formula: ((Original Value - New Value) / Original Value) x 100%.

Front

If a price increases from $100 to $120, what is the percent of change?

Back

20% increase.

Front

If attendance drops from 3,000 to 2,300, what is the percent of change?

Back

23% decrease.

Front

What is the percent of change if the original cost is $50 and the new cost is $60?

Back

20% increase.

Front

What is the percent of change if the original cost is $5 and the new cost is $1?

Back

80% decrease.

Front

If a home sells for $225,000 and drops to $195,000, what is the percent of change?

Back

13% decrease.

Front

What does a positive percent of change indicate?

Back

A positive percent of change indicates an increase in value.

Front

What does a negative percent of change indicate?

Back

A negative percent of change indicates a decrease in value.