Percentage Change

To change an amount by a percentage, the quick way is to multiply by a single multiplier. The whole amount is 100\%, so increasing by 20\% gives 120\% of the original, and decreasing by 20\% leaves 80\%. Written as decimals those are 1.20 and 0.80.

\text{new} = \text{old} \times \left(1 \pm \tfrac{p}{100}\right)

Use + for an increase and - for a decrease. A 20\% rise on \pounds 50 is 50 \times 1.20 = \pounds 60; a 20\% fall is 50 \times 0.80 = \pounds 40.

Going the other way, suppose you already know the old and new amounts and want the percentage change. Compare the change to the original amount:

\frac{\text{change}}{\text{original}} \times 100\%

If a price rises from \pounds 40 to \pounds 50, the change is \pounds 10, so the increase is \tfrac{10}{40} \times 100\% = 25\%. The same idea answers "one amount as a percentage of another" — that is just part over whole.

See it as a bar

The whole amount is a bar of 100. An increase adds a block on top; a decrease cuts a block off. Step through both.