Percentage change can also be called percentage increase, percentage decrease, percentage profit, percentage gain, percentage reduction or percentage loss.
When we calculate percentage change, we are determining how much something has changed relative to its initial value.
We use the percentage change formula:
In order to calculate percentage change, we use the following methods:
3. Simplify the fraction if necessary using equivalent fractions.
4. Convert the fraction to a decimal.
5. Calculate percentage change.
Example: In 2000 the minimum wage for adults was £3.60 per hour. In 2016 it was £6.31 per hour. Work out the percentage increase in the minimum wage..
Solution:
Example: The table shows information about the population of a city.
Population in 2001 | Population in 2011 |
4,20,000 | 4,80,000 |
John claims,
"From 2011 to 2021 the population of the city will increase by the same percentage as from 2001 to 2011"
He works out,
The population increase from 2001 to 2011 = 4,80,000 - 4,20,000 = 60,000
The population in 2021 = 4,80,000 + 60,000 = 5,40,000
Does the population of 5,40,000 match his claim?
Solution:
Example: Last year Aaniya paid £245 for her car insurance. This year she has to pay £883 for her car insurance. Work out the percentage increase in the cost of her car insurance.
Solution:
The main topics in GCSE Maths are:
With regular practice of GCSE Maths topic-wise questions and GCSE Maths past pacers, you can easily score high marks.
Although many people think of GCSE maths as a difficult subject, with the correct training and preparation,you can master it in time. You can practice GCSE Maths topic-wise questions daily to improve speed, accuracy, and time and to score high marks in the GCSE Maths exam.
A grade of 4 or 5 would be considered "good" because the government has established a 4 as the passing grade; a grade of 5 is seen as a strong pass. Therefore, anything that exceeds this level would be considered good. You can practice GCSE Maths topic-wise questions to score good grades in the GCSE Maths exam.
You can get a high score in GCSE Maths through meticulous practice of GCSE Maths topic-wise questions and GCSE Maths past papers.
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