Mathematics Grade 8 15 min

Percent of change

Percent of change

Tutorial Preview

1

Introduction & Learning Objectives

Learning Objectives Calculate the percent of change between two given values. Identify whether a change is a percent increase or a percent decrease. Solve multi-step word problems involving percent of change. Use the percent of change formula to find a new amount after a change. Use the percent of change formula to find the original amount before a change. Explain the importance of the 'original amount' in the percent of change calculation. Have you ever seen an item go on sale and wondered how much you're *really* saving? 🤑 Let's find out exactly how to calculate that! This tutorial will teach you how to measure and describe change using percentages. You'll learn the formula for percent of change and how to apply it to real-world situations, which...
2

Key Concepts & Vocabulary

TermDefinitionExample Percent of ChangeA ratio that compares the change in a quantity to the original amount, expressed as a percentage.If a video game price goes from $50 to $60, the percent of change is 20%. Original AmountThe starting value or the quantity before any change has occurred. This is the most important number for our calculations.If a plant was 10 cm tall last month and is 15 cm tall now, the original amount is 10 cm. New AmountThe final value or the quantity after a change has occurred.If a plant was 10 cm tall last month and is 15 cm tall now, the new amount is 15 cm. Amount of ChangeThe absolute difference between the new amount and the original amount.If a price changes from $40 to $30, the amount of change is $10. Percent IncreaseA percent of change where the new amoun...
3

Core Formulas

The Percent of Change Formula \text{Percent of Change} = \frac{\text{New Amount} - \text{Original Amount}}{\text{Original Amount}} \times 100 This is the primary formula. A positive result means a percent increase, and a negative result means a percent decrease. We often use the absolute value of the numerator and determine increase/decrease by comparing the new and original values. Simplified Percent of Change Formula \text{Percent of Change} = \frac{\text{Amount of Change}}{\text{Original Amount}} \times 100 This is another way to write the same formula. First, find the difference between the new and original amounts, then divide by the original amount and multiply by 100.

4 more steps in this tutorial

Sign up free to access the complete tutorial with worked examples and practice.

Sign Up Free to Continue

Sample Practice Questions

Challenging
A company's profit increased by 20% in 2022 and then increased by an additional 25% in 2023. If the profit at the end of 2023 was $300,000, what was the profit at the start of 2022?
A.$192,000
B.$225,000
C.$200,000
D.$210,000
Challenging
The length of a rectangle is increased by 20% and the width is decreased by 20%. What is the percent of change in the area of the rectangle?
A.0% change
B.4% increase
C.40% decrease
D.4% decrease
Challenging
A quantity changes from an original value of 'x' to a new value of '0.7x'. What is the percent of change?
A.70% increase
B.30% increase
C.70% decrease
D.30% decrease

Want to practice and check your answers?

Sign up to access all questions with instant feedback, explanations, and progress tracking.

Start Practicing Free

More from Percents

Ready to find your learning gaps?

Take a free diagnostic test and get a personalized learning plan in minutes.