What is percentage increase and decrease?
This is when we increase a value by a percentage by adding, or decrease a value by a percentage by subtracting.
To do this we use a multiplier:
e.g. Increase by 30% = x 1.3 <-------------------------- 100% + 30% = 130%
Decrease by 30% = x 0.7 <--------------------------- 100% - 30% = 70%
For example: Katie earns £40 per week for her part-time job. She is to be given a 5% pay rise. How much will she earn per week after the pay rise?
£40 x 1.05 = £42
For example: In a sale the cost of a computer is reduced by 30%. The normal price of the computer was £900. Calculate the sale price of the computer.
£900 x 0.7 = £630
Always check your answer by doing the inverse of the calculation.
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