Percent of Change

Flashcard
•
Mathematics
•
7th - 8th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What is Percent of Change?
Back
Percent of Change is a way to express how much a quantity has increased or decreased in relation to its original amount, calculated as (New Value - Original Value) / Original Value x 100%.
2.
FLASHCARD QUESTION
Front
How do you calculate Percent Increase?
Back
Percent Increase = (New Value - Original Value) / Original Value x 100%.
3.
FLASHCARD QUESTION
Front
How do you calculate Percent Decrease?
Back
Percent Decrease = (Original Value - New Value) / Original Value x 100%.
4.
FLASHCARD QUESTION
Front
If a product's price increases from $50 to $75, what is the percent increase?
Back
Percent Increase = (75 - 50) / 50 x 100% = 50%.
5.
FLASHCARD QUESTION
Front
If a product's price decreases from $80 to $60, what is the percent decrease?
Back
Percent Decrease = (80 - 60) / 80 x 100% = 25%.
6.
FLASHCARD QUESTION
Front
What is the formula for finding the original value if you know the new value and percent change?
Back
Original Value = New Value / (1 + Percent Change) for increase, or Original Value = New Value / (1 - Percent Change) for decrease.
7.
FLASHCARD QUESTION
Front
What is a real-life example of percent increase?
Back
If a store's sales increased from $2000 last month to $3000 this month, the percent increase is (3000 - 2000) / 2000 x 100% = 50%.
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