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

What does a percent increase indicate?

Back

A percent increase indicates that a quantity has grown compared to its original value.

Front

What does a percent decrease indicate?

Back

A percent decrease indicates that a quantity has shrunk compared to its original value.

Front

How is tax related to percent change?

Back

Tax is considered a percent increase on the original price of an item.

Front

What is a discount in terms of percent change?

Back

A discount is a percent decrease applied to the original price of an item.

Front

What does losing money represent in percent change?

Back

Losing money represents a percent decrease in value.

Front

How does a coupon affect the price of an item?

Back

A coupon provides a discount, which is a percent decrease from the original price.

Front

What is a markdown?

Back

A markdown is a reduction in the original price of an item, representing a percent decrease.

Front

How do you calculate percent change?

Back

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

Front

What is the formula for percent increase?

Back

Percent increase = ((New Value - Original Value) / Original Value) * 100.