Percent Change

Front

What is percent change?

Back

Percent change is a measure of how much a quantity has increased or decreased relative to its original value, expressed as a percentage.

Front

How do you calculate percent change?

Back

Percent Change = ((New Value - Old Value) / Old Value) x 100.

Front

If my rent increased from $650 to $1,300, what is the percent change?

Back

100% increase.

Front

What does a discount do to the original price?

Back

A discount is subtracted from the original price.

Front

If an item costs $94.99 and is 25% off, how do you find the sale price?

Back

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

Front

What is the formula to find the sale price after a discount?

Back

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

Front

What is sales tax?

Back

Sales tax is an additional amount added to the price of goods or services, calculated as a percentage of the original price.

Front

How do you calculate the total price including sales tax?

Back

Total Price = Original Price + (Sales Tax Rate x Original Price).

Front

If a box of candy costs $10.00 and the sales tax is 5%, what is the total cost?

Back

Total Cost = $10.00 + ($10.00 x 0.05) = $10.50.

Front

What is a 100% increase?

Back

A 100% increase means the new value is double the original value.