Percent of Change Practice

Percent of Change Practice

Assessment

Flashcard

Mathematics

7th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

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%.

2.

FLASHCARD QUESTION

Front

How do you calculate the percent increase?

Back

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

3.

FLASHCARD QUESTION

Front

How do you calculate the percent decrease?

Back

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

4.

FLASHCARD QUESTION

Front

If a shirt costs $30 and is marked down to $24, what is the percent decrease?

Back

Percent decrease = ((30 - 24) / 30) x 100% = 20%.

5.

FLASHCARD QUESTION

Front

If a bike was originally priced at $200 and is now $250, what is the percent increase?

Back

Percent increase = ((250 - 200) / 200) x 100% = 25%.

6.

FLASHCARD QUESTION

Front

What is a markup in pricing?

Back

Markup is the amount added to the cost price of goods to cover overhead and profit, often expressed as a percentage of the cost price.

7.

FLASHCARD QUESTION

Front

If a store buys a jacket for $40 and sells it for $60, what is the percent markup?

Back

Percent markup = ((60 - 40) / 40) x 100% = 50%.

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