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Lesson 2 of 500 ยท Extra Passages

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Percent Change

๐Ÿ“–Story Brief #2

Percent change shows how much a value has increased or decreased compared to its original amount.

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Percent change shows how much a value has increased or decreased compared to its original amount. You can calculate percent change using the formula: (new value - old value) รท old value ร— 100%. For example, if a shirt costs $20 and then goes on sale for $15, the percent change in price can be found by subtracting the new price from the old price: $15 - $20 = -$5. Then, divide that by the old price: -$5 รท $20 = -0.25. Finally, multiply by 100% to get -25%. This means the price of the shirt decreased by 25%. Understanding percent change helps you see how things like prices or populations change over time, which can be useful in everyday life and in various fields like economics and science.

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Question 1

1 of 2

What formula is used to calculate percent change?

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Percent Change โ€” Extra Passages | 7th Grade Reading | LittleActivity | LittleActivity