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 calculate the sale price after a percent discount?

Back

To calculate the sale price after a percent discount, use the formula: Sale Price = Original Price - (Original Price x Discount Percentage).

Front

If an item costs $50 and is on sale for 20% off, what is the sale price?

Back

Sale Price = $50 - ($50 x 0.20) = $50 - $10 = $40.

Front

What does it mean if a price is marked up by 50%?

Back

If a price is marked up by 50%, it means the new price is 150% of the original price.

Front

Convert 15% to a decimal.

Back

15% as a decimal is 0.15.

Front

If a shirt originally costs $40 and is now $30, what is the percent decrease?

Back

Percent Decrease = (($40 - $30) / $40) x 100 = (10 / 40) x 100 = 25%.

Front

What is the formula to find the original price before a discount?

Back

Original Price = Sale Price / (1 - Discount Percentage).

Front

If a product is priced at $80 after a 20% increase, what was the original price?

Back

Original Price = $80 / 1.20 = $66.67.

Front

What is the difference between a discount and a markup?

Back

A discount reduces the price of an item, while a markup increases the price of an item.