2-10 Change Expressed as a Percent

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Presentation transcript:

2-10 Change Expressed as a Percent

Percent Change: Expresses an amount of change as a percent of original amount Percent Increase: If a new amount is greater than the original amount Percent Decrease: If a new amount is less than the original amount

Percent Change Formula 𝑝𝑒𝑟𝑐𝑒𝑛𝑡 𝑜𝑓 𝑐ℎ𝑎𝑛𝑔𝑒 𝑝% = 𝑎𝑚𝑜𝑢𝑛𝑡 𝑜𝑓 𝑖𝑛𝑐𝑟𝑒𝑎𝑠𝑒 𝑜𝑟 𝑑𝑒𝑐𝑟𝑒𝑎𝑠𝑒 𝑜𝑟𝑖𝑔𝑖𝑛𝑎𝑙 𝑎𝑚𝑜𝑢𝑛𝑡

Problem 1: Finding a Percent of Decrease A coat is on sale. The original price is $82. The sale price is $74.50. What is the discount expressed as a percent change?

Problem 1: Finding a Percent of Decrease Original price: $82. Sale price: $74.50.

The average monthly precipitation for Chicago, Illinois, peaks in June at 4.1 in. The average monthly precipitation in December is 2.8 in. What is the percent decrease from June to December?

Original: 4.1 in. New: 2.8 in.

Problem 2: Finding Percent Increase A store buys an electric guitar for $295. The store then marks up the price of the guitar to $340. What is the markup expressed as a percent change?

Problem 2: Finding Percent Increase Original: $295 New: $340.

In one year, the toll for passenger cars to use a tunnel rose from $3 to $3.50. What was the percent increase?

Relative Error Formula 𝑟𝑒𝑙𝑎𝑡𝑖𝑣𝑒 𝑒𝑟𝑟𝑜𝑟= 𝑚𝑒𝑎𝑠𝑢𝑟𝑒𝑑 𝑜𝑟 𝑒𝑠𝑡𝑖𝑚𝑎𝑡𝑒𝑑 𝑣𝑎𝑙𝑢𝑒−𝑎𝑐𝑡𝑢𝑎𝑙 𝑣𝑎𝑙𝑢𝑒 𝑎𝑐𝑡𝑢𝑎𝑙 𝑣𝑎𝑙𝑢𝑒 Relative error is expressed as a percent, called percent error

Problem 3: Finding Percent Error A decorator estimates that a rectangular rug is 5 ft. by 8 ft. The rug is actually 4 ft. by 8 ft. What is the percent error in the estimated area?

You think that the distance between your house and a friend’s house is 5.5 miles. The actual distance is 4.75 miles. What is the percent error in your estimation?

Problem 4: Finding the Minimum and Maximum Dimensions You are framing a poster and measure the length of the poster as 18.5 in to the nearest half inch. What are the minimum and maximum possible lengths of the poster? Min length = measure value – possible error Max length = measure value + possible error

A student’s height is measured as 66 in. To the nearest inch A student’s height is measured as 66 in. To the nearest inch. What are the students minimum and maximum possible heights? Min length = measure value – possible error Max length = measure value + possible error

Problem 5: Finding the Greatest Possible Percent Error The diagram shows the dimensions of a gift box to the nearest inch. What is the greatest possible percent error in calculating the volume of the gift box

The diagram shows the dimensions of a gift box to the nearest half inch. What is the greatest possible percent error in calculating the volume of the gift box