# Percent increase

Here you will learn about percent increase, including how to increase a value by a given percentage, use multipliers to calculate percentage increase and work out percentage change.

Students will first learn about percent increase as part of ratios and proportions in the 7th grade.

## What is percent increase?

Percent increase means adding a given percentage of a value onto the original value. To do this, you can either calculate the given percentage of the value and then add it on to the original value or use a percent as a decimal.

For example,

Increase \30 by 20\%. Add on the percentPercent as a decimal \begin{aligned} & 10 \%=\ 3 \\\\ & 20 \%=\6 \end{aligned} So \30 increased by

20\% = \$30+\$ 6=\36. \begin{aligned} & 100 \%+20 \%=120 \% \\\\ & 120 \%=\frac{120}{100}=1.2 \\\\ & \ 30 \times 1.2=\36 \end{aligned} When given two values, you can calculate the percentage difference or percentage change. When the value goes up, this may also be called percent gain, percent profit, or a markup. You can calculate percent change using the percentage change formula: \text { Percentage change }=\frac{\text {amount of change }}{\text { original }} \times 100 • Percent gain Percent gain is when the percent increases or gets bigger, between a starting percent and the final percent. For example, At the beginning of the month, you had \50 in your savings account, and by the end of the month, you had \$75. Work out the percent increase. \text { Percent increase }=\cfrac{75-50}{50} \times 100=50 \% • Percent Profit Percent profit is when a store or person selling a good or a service wants to calculate the difference between the cost price and the selling price and represent it as a percent. For example, A school store buys pencils for \$0.80 and sells them to the students for \$1.00. Work out the percent profit. \text { Percent profit }=\cfrac{1-0.80}{0.80} \times 100=25 \% • Markups Markups are the increased price of a good. A company may markup an item that is in high demand and people are willing to pay more money for it. For example, if a new makeup item is in high demand, a store may markup the price by a given percent due to the shortage of the item, or overall high demand. ### What is percent increase? ## Common Core State Standards How does this relate to 7th grade math? • Grade 7: Ratios and Proportional Relationships (7.RP.3) Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error. ## How to increase a value by a percent In order to increase a value by a given percent: 1. Calculate the given percent of the value. 2. Add the calculated percent to the original number. ## Percent increase examples ### Example 1: percent increase in value Kalli purchased a collector’s baseball card for \$50 in 2021. In 2022, the value increased by 40\%. What is the value of the baseball card now?

1. Calculate the given percent of the value.

You will first need to solve for 40\% of \$50. The easiest way is to calculate 10\% (by dividing by 10 ) and then multiply by 4 to get 40\%. 10\% of \$50 = \$5. 5 \times 4=20 40\% of \$50 = \$20. 2Add the calculated percent to the original number. Add \$20 on to the original value of \$50. \$ 50+\$20=\$ 70

The final answer is \$70. The value of the baseball card increased to \$70.

### Example 2: percent increase

Increase 400 by 60\%.

Calculate the given percent of the value.

Add the calculated percent to the original number.

### Example 3: percent increase

Increase 350 \, m by 30\%.

Calculate the given percent of the value.

Add the calculated percent to the original number.

The price of Katrina’s train ticket last year was \$75. This year it has increased by 15\%. Find the price of Katrina’s train ticket this year. Calculate the given percent of the value. Add the calculated percent to the original number. ## Percent increase using a percent as a decimal In order to increase a value by using a percent as a decimal: 1. Add the percent you are increasing by and \bf{100\%} . 2. Convert the percent to a decimal. 3. Multiply the original amount by the decimal. ### Example 5: percent as a decimal Increase 3,200 \, ml by 24\%. Add the percentage you are increasing by and \bf{100\%} . Convert the percentage to a decimal. Multiply the original amount by the decimal. ### Example 6: percent as a decimal In 2015, Rachel’s monthly rent was \$620. Over the course of five years, Rachel’s monthly rent increased by 12.5\%. Find Rachel’s monthly rent at the end of the five years.

Add the percentage you are increasing by and \bf{100\%} .

Convert the percentage to a decimal.

Multiply the original amount by the decimal.

## Calculating percent increase

In order to calculate the percent increase after a percent change:

1. Find the amount of change by subtracting the original number from the new number.
2. Plug numbers into the percent change formula.
\text { Percentage change }=\cfrac{\text { Change }}{\text { Original }} \times 100
3. Simplify the fraction, if necessary, using equivalent fractions.
4. Convert the fraction to a decimal.
5. Calculate percent change.

### Example 7: calculating percent change

The weight of a lamb has increased from 7 \, kg to 13 \, kg. Find the percent increase in the lamb’s weight.

Find the amount of change by subtracting the original number from the new number.

Plug numbers into the percent change formula.

Simplify the fraction, if necessary, using equivalent fractions.

Convert the fraction to a decimal.

Calculate percent change.

### Example 8: calculating percentage profit

Lucy buys an antique table for \$150 and sells it for \$185. Calculate Lucy’s percent profit.

Find the amount of change by subtracting the original number from the new number.

Plug numbers into the percent change formula.

Simplify the fraction, if necessary, using equivalent fractions.

Convert the fraction to a decimal.

Calculate percent change.

### Teaching tips for percent increase

• When calculating percent change, sometimes the numbers can be quite large. Students may use a calculator, or a percentage change calculator, to assist them with solving these problems.

• Percent change can be calculated using Microsoft Excel. For students who are proficient using Excel, this could be an additional teaching point while discussing percent change.

### Easy mistakes to make

• Believing that percentages cannot be greater than \bf{100\%}
For percent increase using a percent as a decimal, you encounter a lot of percentages greater than 100\% as you are adding on to the original 100\%.

• Incorrectly converting percentages to decimals
The most common mistakes are with single digit percentages (for example, 5\% ), multiples of 10 (for example, 40\% ), and decimal percentages (for example, 3.2\% ).
Remember to divide the percentage by 100 to find the decimal.
For example, 5\%=0.05, \, 40\%=0.4, \, 3.2\%=0.032, \, 106.5\%=1.065

• Using an incorrect value for the denominator in the percentage increase formula
Using the new value instead of the original value for the denominator when calculating percentage change.

### Percent increase practice questions

Calculate the percent increase that has occurred in each of these questions.

1. Increase \$520 by 20\%. \$540

\$104 \$624

\$640 You will first calculate 20\% of \$520.

10\% of \$520 = \$52.

52 \times 2=104

20\% of \$520 = \$104.

20\% of 520 is 104.

This can be added to the original amount to find the quantity after the increase.

\$104+\$ 520=\$624 2. Increase 3,400 \, m by 40\%. 3,463 \, m 4,760 \, m 1,470.6 \, m 3,563 \, m You will first calculate 40\% of 3,400. 10\% of 3,400 = 340. 340 \times 4=1,360 40\% of 3,400 = 1,360 40\% of 3,400 is 1,360. This can be added to the original amount to find the quantity after the increase. 3,400+1,360=4,760 3,400 \, m increased by 40\% is 4,760. 3. Use a percent as a decimal to increase 38 by 14\%. 5.32 43.32 42 33.3 Add the percentage you are increasing by, 14\%, and 100. 100+14 =114 Next, you will convert the percentage to a decimal by dividing. 114 \div 100=1.14 Then multiply the original amount by the decimal. 38 \times 1.14=43.32 38 increased by 14\% is 43.32. 4. Use a percent as a decimal to increase 650 \, kg by 26\%. 172.25 \, kg 819 \, kg 513.83 \, kg 676 \, kg Add the percentage you are increasing by, 26\%, and 100. 100+26 =126 Next, you will convert the percentage to a decimal by dividing. 126 \div 100=1.26 Then multiply the original amount by the decimal. 650 \times 1.26=819 650 \, kg increased by 26\% is 819 \, kg. 5. Find the percent increase when 400 \, ml is increased to 620 \, ml. 55\% 155 \% 220\% 110\% First, you will calculate the change from 400 \, ml to 620 \, ml. 620-400=220 The change is 220 \, ml, so you can now plug the numbers into the percent change formula. \text {Percent change }=\cfrac{220}{400} \times 100 After simplifying the fraction to \, \cfrac{55}{100} \, , you would convert it to the decimal 0.55. 0.55 \times 100=55 \text {Percentage increase }=55 \% 6. Find the percentage profit when Karam buys a house for \$124,000 and sells the house for \$137,640. 111\% 89 \% 11\% 136.4\% First, you will calculate the change from \$124,000 to \$137,640. 137,640-124,000=13,640 The change is \$13,640, so you can now plug the numbers into the percent change formula.

\text {Percent change }=\cfrac{13,640}{124,000} \times 100

After simplifying the fraction to \, \cfrac{11}{100} \, , you would convert it to the decimal 0.11.

0.11 \times 100=11

\text {Percentage increase }=11 \%

## Percent increase FAQs

Can finding the percent change give you a negative number for a percent?

If you are finding a percent decrease, or any percentage where the value is decreasing, the initial percent change calculation will result in a negative number. However, you will use the absolute value of the difference to calculate the overall percent change, which will result in a positive number.

What is a percent increase calculator?

It is an automated way for you to calculate the percentage increase of a given value. It is recommended that you use the calculator when dealing with large numbers and decimals.

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