Percent Increase/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 convert a percentage to a decimal?

Back

To convert a percentage to a decimal, divide the percentage by 100. For example, 8.25% becomes 0.0825.

Front

If an item costs $50 and is marked down by 20%, what is the sale price?

Back

The sale price is $40. (Calculation: 50 - (20% of 50) = 50 - 10 = 40.)

Front

What does it mean if a price is marked up by 100%?

Back

It means the price has doubled. For example, if an item originally costs $30, a 100% markup would make it $60.

Front

How do you find the percent of a number?

Back

To find the percent of a number, multiply the number by the percentage (as a decimal). For example, to find 25% of 200, calculate 200 x 0.25 = 50.

Front

What is the formula for calculating percent change?

Back

The formula for percent change is: ((New Value - Original Value) / Original Value) x 100.

Front

If a shirt originally costs $40 and is on sale for $30, what is the percent decrease in price?

Back

The percent decrease is 25%. (Calculation: ((40 - 30) / 40) x 100 = 25.)

Front

How do you calculate the final price after applying a discount?

Back

To calculate the final price after a discount, subtract the discount amount from the original price. For example, if a $50 item has a 10% discount, the discount is $5, making the final price $45.

Front

What is a coupon discount?

Back

A coupon discount is a reduction in price offered to customers who present a coupon. It is usually expressed as a percentage off the original price.