ISP
120
Tips for working with
Percentages and Comparisons
General
advice for solving a problem
Also
notice whether the problem requires you to calculate an answer just once, or
whether it has 2 or more steps (eg: decreased 50% then increased 70%).
Tips
for specific problem types and formulas:
Absolute Change or Absolute
Difference
Absolute
change = new amount - original amount
Phrases
that typically signal a comparison involving absolute change or absolute
difference:
Identifying
the "new" and "original" values:
Relative Change or Relative
Difference
Proportion
change = (absolute change) / (original amount) = (new - original) /
original = (new / original) - 1
Phrases
that typically signal a comparison involving proportion change or proportion
difference:
Percent
Change = (proportion change) * 100% = ((new - original) / original) * 100%
Phrases
that typically signal a comparison involving percentage change or percentage
difference:
Relative Size or Relative
Amount
Proportion
of = new / original
Phrases
that typically signal a comparison involving proportion of:
Percentage
of = (proportion of) * 100% = (new / original) * 100%
Phrases
that typically signal a comparison involving percentage of:
Percent Difference vs.
Percentage Point Difference
"Percent
higher" means a relative change comparison (percent change or
percent difference)
"Percentage
points higher" means an absolute difference or absolute change.
Example: A has 10% and B has 12%