Percent Increase and Decrease How do you use percents to describe change? Find Percent Change Percent Change = Describes how an amount changes (Change can be an increase or decrease). Percent Change = ππππ’ππ‘ ππ πππππππ π ππ πππππππ π ππππππππ ππππ’ππ‘ Algorithm to Find Percent Change 1) Write Percent Change Formula β ππππ’ππ‘ ππ πππππππ π ππ πππππππ π ππππππππ ππππ’ππ‘ 2) Substitute Values & Simplify *Amount of Increase or Decrease = Greater Value β Lesser Value 3) Divide (at least until thousandths place) 4) Rewrite decimal as a percent and round (if needed) Examples: 1) The number of students in a chess club decreased from 18 to 12. What is the percent decrease? Round to the nearest percent. 2) The officer wrote 10 tickets last week, but 16 tickets this week. What is the percent increase? Round to the nearest percent. Using Percent Change to Find New Amount Given an original amount and a percent change, you can find the new amount: 1) Find amount of change Amount of Change = Original Amount β’ Percent Change(*) * Cannot multiply by percent; Rewrite percent as a decimal, then multiply. 2) Find new amount New Amount = Original Amount +/- Amount of Change *If Amount is increasing, add Amount of Change *If Amount is decreasing, subtract Amount of Change Examples: 1) A tv has an original price of $499. Find the new price after the given percent change. a. 10% increase b. 30% decrease
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