Percent of Increase and Decrease
When some quantity gets bigger or smaller, we can talk about the percent of increase or percent of decrease . Basically we are asking "what percent of the original quantity was added (or taken away)?"
Example 1 :
Fauzia had been earning a monthly salary of . She got a raise to per month. What percent raise did she get?
First find the actual amount of the raise by finding the difference between the original salary and the new salary.
Now find what percent the raise is of the original salary of . Write a proportion.
Equate the cross products.
Divide both sides by .
So, Fauzia got a raise.
Example 2 :
A cell phone originally costs . It goes on sale for . What is the percent of decrease?
First, find the difference.
Now find what percent is of . Write a proportion.
Equate the cross products.
Divide both sides by .
So, the price was reduced by .
Another method is to find the amount of increase or decrease, write this as the numerator over the original amount, and then convert that fraction to a decimal.
Example 3 :
A study showed that the average ice thickness in the Arctic Ocean in March was meters. Two years later, in March , the average ice thickness was meters. What is the percent of decrease?
First, find the difference.
Write this as the numerator of a fraction, over the original thickness.
Convert the fraction to a decimal. (Use a calculator.)
So, the thickness decreased by about .