ISP 120

 

Tips for working with Percentages and Comparisons

 

General advice for solving a problem

  1. Identify the type of problem and choose the correct equation.  Absolute difference?  Percent change?  Proportion of?
  2. Identify the variables.  What is the original amount being compared to?   What is the new amount that is being described in relation to the original amount?
  3. Plug the values into the formula and solve.

 

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%