(13) Percent Change (7th)

Front

What is percent change?

Back

Percent change is a way to express a change in value as a percentage of the original value. It is calculated using the formula: ((New Value - Original Value) / Original Value) x 100.

Front

How do you calculate a decrease in percent change?

Back

To calculate a decrease in percent change, use the formula: ((Original Value - New Value) / Original Value) x 100.

Front

How do you calculate an increase in percent change?

Back

To calculate an increase in percent change, use the formula: ((New Value - Original Value) / Original Value) x 100.

Front

If a video game level time decreases from 32 minutes to 28 minutes, what is the percent change?

Back

Decrease of 12.5%.

Front

If a distance increases from 152 miles to 196 miles, what is the percent change?

Back

Increase of 28.9%.

Front

What does a markup represent in terms of percent change?

Back

A markup represents an increase in percent change.

Front

If a purse originally costs $25 and is now $15, what is the percent change in price?

Back

Decrease of 40%.

Front

What is the formula for calculating percent change?

Back

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

Front

What does a percent change of 0% indicate?

Back

A percent change of 0% indicates that there has been no change in value.

Front

If a price goes from $50 to $45, what is the percent change?

Back

Decrease of 10%.