Learning Outcomes
- Find percent increase given two values
- Find percent decrease given two values
People in the media often talk about how much an amount has increased or decreased over a certain period of time. They usually express this increase or decrease as a percent.
To find the percent increase, first we find the amount of increase, which is the difference between the new amount and the original amount. Then we find what percent the amount of increase is of the original amount.
Find Percent Increase
Step 1. Find the amount of increase.
- [latex]\text{increase}=\text{new amount}-\text{original amount}[/latex]
Step 2. Divide the amount of increase found in Step 1 by the original amount (this will result in a decimal).
Step 3. Convert the decimal found in Step 2 to a percentage by multiplying by 100. Add the percent symbol %.
example
In [latex]2011[/latex], the California governor proposed raising community college fees from [latex]\text{\$26}[/latex] per unit to [latex]\text{\$36}[/latex] per unit. Find the percent increase. (Round to the nearest tenth of a percent.)
Solution
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Finding the percent decrease is very similar to finding the percent increase, but now the amount of decrease is the difference between the original amount and the final amount. Then we find what percent the amount of decrease is of the original amount.
Find percent decrease
- Find the amount of decrease.
- [latex]\text{decrease}=\text{original amount}-\text{new amount}[/latex]
- Divide the amount of decrease found in Step 1 by the original amount. This will result in a decimal.
- Convert the decimal amount found in Step 2 to a percentage by multiplying by 100. Add the percent symbol %.
example
The average price of a gallon of gas in one city in June [latex]2014[/latex] was [latex]\text{\$3.71}[/latex]. The average price in that city in July was [latex]\text{\$3.64}[/latex]. Find the percent decrease.
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In the following video we show more examples of how to find percent increase and decrease.
