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Percent change is calculated by dividing the absolute change by the original amount and multiplying by 100.
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Percent change refers to the relative change expressed using percentages, relating the amount of change to the number 100.
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To calculate percent change, take the absolute change, divide it by the original amount, and multiply the result by 100.
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The term 'percent' literally means 'per 100'.
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If you start with 100 of something and get 20 more, you have a 20% increase, calculated by the amount 20 per the original 100.
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Almost any original value and any amount of change can be represented as a percent change using equivalent fractions.
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Percent change = (Absolute change/original value) x 100. For example, if you start with $750 and get $150 more, it's a 20% increase.
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If the original amount doubles, it's an increase of 100%.
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Calculate the absolute change by subtracting the original amount from the new amount and then use the percent change formula.
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If the new amount is larger than the original, you have a percent increase; if smaller, a percent decrease.
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Use your intuition to analyze if the answer makes sense instead of just memorizing formulas because an increase can't result in a decrease.
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Going from 1 to 3 represents a 200% increase.
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Going from 3 to 1 represents a 67% decrease.
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Percent changes can be greater than 100% because they compare the change to the original values.
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Intuition helps determine if results make sense beyond memorized formulas, ensuring the logical correctness of the calculation.
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Percent change is calculated by dividing the absolute change by the original amount and multiplying by 100.
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Percent change refers to the relative change expressed using percentages, relating the amount of change to the number 100.