Objectives
To find percent change
To find the relative error in linear and nonlinear measurements
In the Solve It, the 15% discount is a percent change in the price of the sweater. A percent change expresses an amount of change as a percent of an original amount. In this lesson, you will learn how to calculate a percent change.
Essential Understanding You can find a percent change when you know the original amount and how much it has changed.
If a new amount is greater than the original amount, the percent change is called a percent increase. If the new amount is less than the original amount, the percent change is called a percent decrease.
Percent change is the ratio of the amount of change to the original amount.