Chapter 5. Calculating Percentage Change

Pre-Test Question:

Math and Graphing Review
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You must read each slide, and complete any questions on the slide, in sequence.

Question

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Correct! The price of orange juice rose by 25%.
Sorry, the price of orange juice rose by 25%. To determine the percentage change use the formula for percentage change: (5 – 4)/4 = 1/4 = 0.25 = 25%.

Video

Post-Test Questions:

Question 5.1

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Correct! The price of the TV decreased by 20%.
Sorry, the price of the TV decrease by 20%. To determine the percentage change use the formula for percentage change: (1000 – 1250)/1250 = –250/1250 = –0.2 = –20%.

Question 5.2

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Correct! The price of this TV was decreased $100.
Sorry, the price of this TV was decreased $100. To determine the change in variable use the formula for change in variable: 900 – 1000 = –100.

Question 5.3

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Correct! The guest count increased by 33.3%.
Sorry, the guest count increased by 33.3%. To determine the percentage change use the formula for percentage change: (12 – 16)/12 = 4/12 = 0.333 = 33.3%.

Question 5.4

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Correct! The amount of candy on hand decreased by 30%.
Sorry, the amount of candy on hand decreased by 30%. To determine the percentage change use the formula for percentage change: (500 – 350)/500 = –150/500 = –0.30 = –30%.

Question 5.5

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Correct! The price of gas rose by 6.08%.
Sorry, the price of gas rose by 6.08%. To determine the percentage change use the formula for percentage change: (3.29 – 3.49)/3.29 = .2/3.29 = 0.0608 = 6.08%.