Percentage of Change - Math Mammoth
Percentage of Change
Percent(age of) change is a way to describe how much a price or some other quantity is increasing or decreasing (changing). Let's look at how to calculate the percentage a quantity is changing.
Example 1. A phone used to cost $50. Now it has been discounted to $45. What percentage was the discount?
Since this problem is asking for the percentage, we will use our basic formula
part total
= percentage.
Because the change is relative to the original price, that original price becomes the "total" in our equation. The "part" is the actual amount by which the quantity changes, in this case $5. So we get
percentage =
part total
=
$5 $50
= 1/10 = 10%
Essentially, we wrote what fraction the $5 discount is of the original $50 price and converted that fraction into a percentage.
In summary: To calculate the percent change, use the same basic formula that defines a percentage: part/total. Since the change is relative to the original price, the original price is the "total," and the change in price is the "part."
percentage of change =
part total
=
difference original
1. Write an equation and calculate the percentage of change.
a. A toy construction set costs $12. It is discounted and costs only $8 now. What percentage is the discount?
b. A sewing kit costs $20. It is discounted and costs only $16 now. What percentage is the discount?
difference original
=
c. A bouquet of flowers used to cost $15, but now it costs $20. What is the percentage of increase?
d. The price of a stove was $160. The price has increased, and now it costs $200. What is the percentage of increase?
Sample worksheet from
41
Math Mammoth Percent (Blue Series)
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