A percentage change is a way to express a change between the old value and the new one (which is the extent to which something gains or loses value.) Percent changes are useful to help people understand changes in a value over time.
PERCENT INCREASE WHEN THE PRICE OF AN ITEM GOES UP PERCENT DECREASE WHEN THE PRICE OF AN ITEM GOES DOWN
Amount of change (subtraction) % (percentage of increase or decrease) Original amount (the original price of item) 100 (ALWAYS)
EXAMPLE Andrew works in a supermarket for $10.00 per hour. If her pay is increased to $ Is this a percent increase or decrease?
WHAT IS HER PERCENT INCREASE IN PAY?
EXAMPLE The staff at a company went from 40 to 30 employees. Is this a percent increase or decrease?
WHAT IS THE PERCENT DECREASE IN STAFF?