Percent of Change Percent of Change The ratio of the amount of increase or decrease to the original amount It is an increase when the new amount is larger than the original and a decrease when the new amount is smaller than the original ID: 770683
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Percent of Change
Percent of Change: The ratio of the amount of increase or decrease to the original amount It is an increase when the new amount is larger than the original and a decrease when the new amount is smaller than the original. To find the percent of change, use the following proportion: Percent of change: Amount of increase or decrease = % Original Amount 100 Also written as: original amount – new amount original amount (A negative difference shows there was a decrease, there will not be a negative percentage)
Find the percent of change ( be sure to label your answer as an increase or decrease).Examples:Original amount: 20 Original amount: 40New amount: 30 New amount: 10 Percent of change= Percent of change=
Identify the percent of change as an increase or decrease. Then find the percent of change. 1. Original: 45 New: 752. Original: 100 New: 42 3. Original: 58 New: 75 66.6% 58% 29%
Try This! A CD's original price was $12.99. It is now on sale for $10.99.What is the percent of change?
Try This! A student's first test grade was 60. The second test grade was an 85.What was the percent of change?
41 The number of students who attended FHS in 2010 was 1405. In 2011, 1380 students attended FHS. What was the percent of change in student enrollment?
43 Find the percent of change. Original price: $80Sale price: $50
44 A stereo, originally priced at $360, is on sale for $200. What is the percent of change?
STOP: You may stop taking notes now. The following slide are on tax, tips, and discounts. If you struggled with the material from yesterday you may want to review These slide and practice.If you have sufficient notes and feel you are ready to move on…The link to the next PowerPoint (Mark-up and Discounts) has 11 questions toAnswer.
There are situations when the percent of change is going to be a decrease. Examples are:DiscountsSalesReduction in Population
When finding a discount, there are two different methods you can use. Method 1 :Find the percent of the original price (discounted amount in $)Subtract the discount from the original price.Method 2:Subtract the percent from 100% (percent you are paying)Find the percent of the original price.
Example: A $50 sweater is on sale for 20% off. Calculate the sale price. Method 1 :Find the percent of the original price (discounted amount in $)Subtract the discount from the original price.Method 2: Subtract the percent from 100% (percent you are paying)Find the percent of the original price. (Discount) (Sale price) (Percent you pay) (Sale price)
A manager wants to provide a 30% discount for everything in his store. Find the sale price of a $25 sweater. Using either method, the answer is $17.50 (Discount)(Sale price) (Percent you pay) (Sale price) Click to view Method 1 Click to view Method 2 Click to view answer
The manager has pants, priced at $45, that he needs to mark down 35%. What will be the sale price of the pants? The pants are on sale for $29.25 (Discount)(Percent you pay)(Sale price) (Sale price) Click to view Method 1 Click to view Method 2 Click to view answer
Mark wants to purchase a stereo that is on sale, if he is saving at least 30%. The stereo's original cost is $425. What is the most that he is willing to pay for the stereo?(Discount)(Sale price)(Percent you pay) (Sale price) He is willing to pay $297.50 for the stereo. Click to view Method 1 Click to view Method 2 Click to view answer
There are situations when the percent of change is going to be an increase. Examples are:TipsSales TaxIncrease in Population
Tip: An amount added to a bill for services provided. Customers traditionally tip 18 - 20% for good service in restaurants and salons.Example:If the restaurant bill is $45 and you want to leave a 20% tip, how much money should you leave?45 + .20(45) = 54 or 45(1.20) = 54The customer will leave $54 on the table. The waitress will receive a $9 tip and the restaurant will receive $45.To calculate the amount of the tip only: .20(45) = 9
Sales tax : An amount of money that is calculated by applying a percentage rate to the taxable price of a sale. Sales taxes are collected by the buyer from the seller, who turns it over to the government. In NJ the sales tax rate is 7%. To calculate Sales Tax alone find the percent (tax) of the price. That is the amount that you owe in addition to the cost of the item.To find the total cost of an item, you must add the sales tax to the cost. There are 2 ways to do this: Find the percent of the item and add it to the original amount. 2. Find 100% + tax% of the original amount.
A car costs $23,500. How much sales tax will the customer pay? 23,500(0.07) = $1645 What will the customer pay altogether for the car?23,500 + 1645 = $25,145The total cost of the car, including tax, can be calculated as follows:23,500 + .07(23,500) = 25,145 or 23,500(1.20) = 25,145