Percentage means ‘per 100’, which is a number expressed as a fraction of 100. So when you say 100% of something, it means it represents the whole of it. The percentage is used to compare quantities. Let us say you are required to find the increase or decrease in the value of a certain quantity over a while; instead of quoting the numbers, this comparison can be conveniently expressed as a percentage increase or a percentage decrease in quantity.
Also Check: How to Calculate Percentage
When comparing the increase in a quantity over a period of time, we first find the difference between the original value and the increased value. We then use this difference to find the relative increase against the original value and express it in terms of percentage. The formula for percentage increase is given by:
When comparing the decrease in a quantity over a period of time, we first find the difference between the original value and the decreased value. We then use this difference to find the relative decrease against the original value and express it in the form of a percentage. The formula for percentage decrease is given by:
Percentage Increase or Decrease Examples
The annual salary of Suresh increased from Rs 18,00,000 to Rs 22,00,000. Find the percentage increase.
Solution: Original salary = Rs 18,00,000
Increased salary = Rs 22,00,000
Increase in salary = Rs 22,00,000 – Rs 18,00,000 = Rs 4,00,000
Thus, percentage increase in salary = (increase in salary/original salary) x 100
= (4,00,000/18,00,000) x 100 = 22.22%
The population of a small town decreased from 18,560 to 15,787 due to breakout of an epidemic. What is the percentage decrease in the population?
Solution: Original population = 18,560
Decreased population = 15,787
Decrease in population = 18,560 – 15,787 = 2773
Percentage decrease in population = (Decrease in population/ Original population) x 100
= (2773/18560) x 100 = 14.94%
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