Percent Increase and Decrease: To calculate a percent increase, use the formula: ((New Value - Original Value) / Original Value) * 100. To calculate a percent decrease, use the formula: ((Original Value - New Value) / Original Value) * 100.
Practice Problems
1. Convert 0.6 to a percentage.
Answer: 0.6 * 100 = 60%
2. Convert 3/4 to a percentage.
Answer: (3/4) * 100 = 75%
3. Calculate the percent increase if a $50 item is now selling for $65.
Answer: ((65 - 50) / 50) * 100 = 30%
4. Calculate the percent decrease if the temperature drops from 80°F to 68°F.
Answer: ((80 - 68) / 80) * 100 = 15%
Summary
Understanding percentages is an essential skill in mathematics. By mastering the conversion between percentages, decimals, and fractions, as well as the calculation of percent increase and decrease, you will be able to apply this knowledge to a wide range of real-world problems.