Percent Change 03:01 minutes

Video Transcript

Transcript Percent Change

Xenia is really into social media. Hoping to increase the number of people following her on VidPicStar, she plans to test out different kinds of content – to learn what people really want to see.

First, she posts a really funny video she took at the zoo. Before the post, she had 240 followers. Her video post is a success! Now she has 312 followers.

The Percentage Change Formula

How successful was her post? Let’s use the percent change formula to calculate the increase in the number of her followers.

I'll write the formula down for you. The percent change is equal to the amount of change divided by the original value.

This will give you a decimal answer, so you will need to multiply the resulting decimal by one hundred to change it to a percent. Use common sense to decide if the percent of change is an increase or decrease.

Percentage Change Example 1

Let's put numbers into the formula. Remember, Xenia started out with 240 followers then increased to 312.

  • 312 minus 240 divided by 240. The difference is seventy-two.
  • Now divide by 240. The answer is three-tenths.
  • To change to a percent, multiply three-tenths by one hundred.

The percent change is a thirty percent increase! Wow! A thirty percent increase is fantastic.

Percentage Change Example 2

Xenia wants even more followers. So she posts a picture of a tasty muffin. Will the muffin picture boost the number of followers? Let's see. Oh no! Quite the contrary. Her followers decreased to 265.

What is the percent change? Let's again write out the calculation using the percent change formula.

  • First, find the difference between the two numbers. Three hundred twelve minus 265 then divide by the orginal value of 312. We get forty-seven.
  • Now divide this by 312 and we get fifteen-hundredths.
  • Fifteen-hundredths times one hundred is equal to fifteen percent. The number of Xenia's followers decreased by 15%.

Her followers really did not like that last posting, but then again, food pics are so passé. Xenia tries again. This time she posts a selfie. Maybe this glamorous pose will give her the boost she wants.

Percent Change Übung

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  • Explain the difference between increase and decrease.

    Tipps

    If the number of followers changes from a bigger to a smaller number, the percent of change is a decrease.

    The percent change depends on the original value.

    Percent means 'over $100$'.

    The decimal number $0.35$ corresponds with the percentage $35~\%$.

    Lösung

    Xenia likes posting videos and pics on social media. She loves to see the number of her followers increase.

    First she posts a video. The number of followers increases from $240$ to $312$.

    • To calculate the percent change, we calculate the amount of change: $312-240=72$.
    • We divide the result by the original value, $240$.
    • This gives us $\frac{72}{240}=0.3$.
    • By multiplying by $100$, and then adding the percent sign, we get the percent change: $30~\%$.
    Now, Xenia tries to increase the number of followers even more. She posts a picture of a muffin. But, the number of followers decreases from $312$ to $265$. We can calculate the percent of decrease in a similar manner:
    • We calculate the amount of change: $312-265=47$.
    • Then we divide the result by the original value, $312$.
    • This gives us $\frac{47}{312}=0.15$.
    • By multiplying by $100$ and adding the percent sign, we get the percent of decrease: $15~\%$.
    The percent change is the amount of change divided by the original value:

    $\text{percent change}=\frac{\text{amount of change}}{\text{original value}}$

    To get the percentage, we multiply the resulting decimal by $100$ then add a percent sign.

  • Decide which formula you need in order to calculate the percent change.

    Tipps

    Just look at the following example:

    • Your favorite jeans cost $100~\$$.
    • They are now on sale for a reduced price of $80~\$$.
    Calculate the percent of change.

    The price decreased by $20~\%$.

    $100~\$$ is the original value (original price).

    Lösung

    Percent change is the amount of change divided by the original value:

    $\text{percent change}=\frac{\text{amount of change}}{\text{original value}}$

    Now we have to multiply the resulting decimal by $100$ then add a percent sign.

    • The amount of change is positive, even if a value decreases. We always subtract the smaller from the bigger value.
    • This amount will be divided by the original value.
    • It won't be divided by the new value.
  • Calculate the percent change.

    Tipps

    The percent of change can be calculated by

    $\large \frac{\text{amount of change}}{\text{original value}}$

    In order to change a decimal to a percent, we have to multiply the decimal by $100$ the add a percent sign.

    Remeber to divide by the original value. This is the value we start with.

    Lösung

    Let's have a look at the formula for percent of change:

    $\text{percent change}=\frac{\text{amount of change}}{\text{original value}}$

    What's the amount of change? It's the difference between the new and the original value: $312-240=72$. This amount is divided by the original value. The number of followers before Xenia posted the video: $240$.

    This gives us the decimal $\frac{72}{240}=0.3$.

    Now we multiply this decimal by $100$, add a percent sign. The posting resulted in an increase of $30~\%$ in the number of her followers.

  • Determine the percent change for each situation.

    Tipps

    Percent change is always a percentage. Therefore, after solving for a decimal answer, multiply the decimal by $100$ then add a percent sign.

    Divide the amount of change by the original value then multiply the decimal by $100$.

    An example: the ticket price for four tickets is reduced from $\$120$ to $\$100$.

    This leads to: $\frac{120-100}{120}=0.1\bar 6\approx 0.17$.

    By multiplying with $100$, we get a percent change of $17~\%$.

    Lösung

    For each example we will use the following formula:

    $\text{percent change}=\frac{\text{amount of change}}{\text{original value}}$

    To determine the percent change we have to multiply by $100$ then add a percent sign.

    Skis

    $\frac{200-175}{200}=0.125=12.5~\%$.

    Birthday party

    $\frac{120-90}{120}=0.25=25~\%$.

    Sister

    $\frac{300-250}{250}=0.20=20~\%$.

    Rugby club

    $\frac{46-40}{40}=0.15=15~\%$.

  • Identify the most successful posts.

    Tipps

    Use the following formula:

    $\frac{\text{part}}{\text{whole}}=\frac{\text{percent}}{100}$

    • Add the result to $260$ in case of an increase.
    • Subtract it from $260$ in case of a decrease.

    You can also compare the percentages:

    • In case of an increase: the higher the percentage, the higher the new value
    • In case of a decrease: the higher the percentage, the lower the new value

    Lösung

    $260$ is the original value.

    The picture of Archimedes in the tub and the picture of Dr.Evil show a decreasing number of followers. How much do the number of followers decrease?

    • Posting the picture of Archimedes leads to a decrease of $20~\%$ because there are $52$ fewer followers. The number of followers decreases to $208$.
    • The picture of Dr.Evil leads to a decrease of $15~\%$ because there are 39 fewer followers. The number of followers decreases to $221$.
    In all the other pictures, the number of followers increases.
    • The boy sitting on a park bench has $15~\%$ increase, meaning there are $39$ more followers. The new number of followers is $299$.
    • The picture of lion babies on a scale has a $20~\%$ increase, and there are an additional $52$ followers. The new number of followers is $312$.
    • The picture of the beagle has a $40~\%$ change which is an increase of $104$ followers. The new number of followers is $364$.

  • Estimate the percent of change left in each set of blocks.

    Tipps

    Since there are fewer blocks, the percentage will be less than $100$%.

    Lösung

    Percent change is the the amount of change divided by the original amount. If the new number of toy blocks is less than the original number, the percent change is a decrease.

    $ p = \frac{\text{amount of decrease}}{\text{original amount}}$

    Example (the red set):

    First the teacher calculates the change (original amount $-$ new amount):

    $27-24 = 3$.

    Then she divides that change by the old amount:

    $ p = \frac{3}{27} = \frac19=0, \overline1 \approx 0,11$

    In the third step, she converts the decimal to a percentage by multiplying by $100$ then add a percent sign:

    $ (p \cdot 100)~ \%= (0,11 \cdot 100) ~ \%= 11~ \%$.

    Because we are evaluating for the percentage of blocks that are left and not for the percentage of blocks that have been taken away, we subtract the percent change from $100%$:

    $100 ~\% - 11 ~\% = 89 ~\%$