By Fatskills Exam Guides Team — the exam nerds behind 28,500+ quizzes and 2.1M practice questions across 500+ global exams.
Percent of change (increase or decrease) is a mathematical concept that represents the degree of change over time.
To find the percentage of increase or decrease:
- Or use this formula: Percent of change =
- Note: If your answer is a negative number, then this is a percentage decrease. If it is positive, then this is a percentage increase. Examples: Example 1. The price of a shirt increases from to . What is the percentage increase? Solution: First, find the difference: Then: . The percentage increase is 20%. It means that the price of the shirt increased by 20%. Example 2. The price of a table decreased from to . What is the percent of decrease? Solution: Use this formula: .
The percentage decrease is 30. (the negative sign means percentage decrease) Therefore, the price of the table decreased by 30%.
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