Percentage Increases and Decreases

What is the first step to calculate a percentage increase?

• Divide the original value by the new value

• Multiply by 100

• Add the original and new values

• Subtract the original value from the new value.

What does a percentage decrease represent?

• The amount added to the original value

• The amount subtracted from the original value

• The total of the original and new values

• The increase in a value.

How do you convert a decimal to a percentage using the shortcut?

• Move the decimal 2 places to the right

• Multiply by 1,000

• Add 100 to the decimal

• Rewrite it as a fraction.

Which formula is used to calculate a percentage markup?

• Markup ÷ Cost Price × 100

• Markup ÷ Selling Price × 100

• Selling Price ÷ Markup × 100

• Cost Price ÷ Markup Price × 100

What is the primary purpose of businesses listing a markdown percentage?

• To measure the profit

• To attract buyers with reduced prices

• To calculate investment gains

• To find taxes owed.

A jacket is marked down from $150 to $120. What is the markdown percentage?

• 15%

• 17%

• 20%

• 22%

If a TV's price increases from $400 to $460, what is the percentage increase?

• 12%

• 15%

• 10%

• 8%

A shop owner buys a vase for $50 and sells it for $65. What is the profit percentage?

• 15%

• 20%

• 25%

• 30%

An item is sold for $80 after a 10% markdown. What was the original price?

• $88.89

• $90

• $92.50

• $100

A school’s population decreased from 1,200 to 960 students. What is the percentage decrease?

• 20%

• 22%

• 24%

• 26%