Subtract the lower price from the higher one. Divide the difference by the original price. Multiply the answer by 100.
Example: 15 dollars decreased to 12 dollars.
15 - 12 = 3
3/15 = 0.20 = 20 percent decrease
Example: 12 dollars increased to 15 dollars.
15 - 12 = 3
3/12 = 0.25 = 25 percent increase
Elastic
find cost price if selling price =600 and profit=20%
The discount value is $11.99 and the sale price is $67.99
there will be a gain of 16.562 percent.
To find interest rate you multiply the price by the time by the percent
You have to do the following calculation: Old-new=change 13.99-12.99=1 change/old*100=±7
in equilibrium
Percent means "hundredths". To get 10% of a price, multiply the price by 10/100.
When the percentage change in price is equal to the percentage change in quantity demanded then demand is said to be unit elastic. There are 3 kinds of price elasticity of demand.
Unit elastic
Elastic
+16.85%
Multiplied the price by the percentage and divided the answer by 100.
(Selling Price - Cost price)/Selling Price * 100
find cost price if selling price =600 and profit=20%
if p is the percent increase, multiply the old price by (1+p) to get the new increased price.
How to calculate sale price if marked price and percent discount are given:First change the percent discount to a decimal.You then multiply the percent discount in decimal form by the marked price.Finally, you subtract the answer from the multiplication problem from the marked price, and get your final answer!