percent increase and decrease

Front

What is percent increase?

Back

Percent increase is the amount of increase expressed as a percentage of the original amount. It is calculated using the formula: ((New Value - Original Value) / Original Value) x 100.

Front

What is percent decrease?

Back

Percent decrease is the amount of decrease expressed as a percentage of the original amount. It is calculated using the formula: ((Original Value - New Value) / Original Value) x 100.

Front

How do you calculate the percent of change?

Back

Percent of change is calculated by taking the difference between the new value and the original value, dividing it by the original value, and then multiplying by 100.

Front

If a price increases from $50 to $75, what is the percent increase?

Back

Percent increase = ((75 - 50) / 50) x 100 = 50%.

Front

If a price decreases from $80 to $60, what is the percent decrease?

Back

Percent decrease = ((80 - 60) / 80) x 100 = 25%.

Front

What does it mean to apply a discount?

Back

Applying a discount means reducing the original price of an item, which is typically expressed as a percentage of the original price.

Front

If an item costs $100 and has a 20% discount, what is the sale price?

Back

Sale price = Original price - (Discount % x Original price) = 100 - (0.20 x 100) = $80.

Front

What is the formula for calculating the sale price after a discount?

Back

Sale Price = Original Price - (Discount Percentage x Original Price).

Front

If a store has a 30% off sale on a $200 item, how much do you save?

Back

Savings = 30% of $200 = 0.30 x 200 = $60.

Front

What is the difference between absolute change and percent change?

Back

Absolute change is the actual difference in values, while percent change expresses that difference as a percentage of the original value.