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YEAR 9 · FINANCIAL MATHEMATICS · 15 MIN

Percentage change consolidation

Use percentage multipliers and the original amount to compare financial changes.

In this lesson

Before you start
  • Percentage of a quantity
  • Decimal multiplication
01 / LEARN

Understand the idea.

A percentage is relative to a base

A percentage change compares the increase or decrease with the original amount. Find the dollar change first, divide by the original amount, and express that fraction as a percentage. The original amount is the reference base.

For a known percentage change, use a multiplier. A 15⁢% discount leaves 85⁢%, so multiply by 0.85; a 15⁢% increase leaves 115⁢%, so multiply by 1.15. Distinguish the change from the final amount.

Reverse by division

To reverse a percentage change, divide the final amount by its multiplier. If a price becomes 81 dollars after a 10⁢% discount, 0.9⁢P=81, so the original was P=90 dollars.

Successive changes act on successive bases, so multiply their factors. An increase of 10⁢% followed by a decrease of 10⁢% uses 1.1×0.9=0.99: the final amount is 99⁢% of the original, rather than unchanged.

02 / WORKED EXAMPLES

See the method in action.

EXAMPLE 01

Worked example

A 160-dollar jacket is discounted by 15%. Find the sale price.

Worked solution

  1. 1

    Find the percentage still payable.

    100⁢%−15⁢%=85⁢%

    A discount removes part of the original price.

  2. 2

    Convert to a multiplier and calculate.

    160×85100=160×0.85=136

    The sale price is 85 percent of the original 160 dollars.

  3. 3

    Check using the discount amount.

    160×0.15=24160−24=136

    Subtracting the discount independently confirms a sale price of AUD 136.00.

Answer

AUD 136.00

EXAMPLE 02

Worked example

A fee rises from 80 to 92 dollars. Find its percentage increase.

Worked solution

  1. 1

    Find the increase in dollars.

    92−80=12

    Percentage increase measures the change relative to the starting fee.

  2. 2

    Divide by the original fee.

    1280=0.15

    The original 80 dollars is the correct reference base.

  3. 3

    Express the fraction as a percentage.

    0.15×100⁢%=15⁢%

    A decimal fraction is converted to a percentage by multiplying by 100 percent.

Answer

15%

03 / YOUR TURN

Try it yourself.

Check your understanding

A 50-dollar item rises by 8%. What is the new price?

Show answer & reasoning

AUD 54.00

An 8⁢% increase uses multiplier 1.08, so 50×1.08=54. Equivalently, the increase is 50×0.08=4 dollars and the new price is AUD 54.00.

Keep practising

6 worksheet questions · 14 marks

Read the questions online
  1. Find 10% of 240 dollars.
    2 marks
  2. Increase 72 dollars by 25%.
    2 marks
  3. A 180-dollar item is discounted by 20%. Find its sale price.
    2 marks
  4. A price falls from 150 to 120 dollars. Find the percentage decrease.
    2 marks
  5. An item costs 81 dollars after a 10% discount. Find its original price.
    3 marks
  6. A 100-dollar price increases by 10%, then decreases by 10%. Find the final price and explain why it is not 100 dollars.
    3 marks
Read the worked solutions

Equivalent correct methods earn the corresponding marks. Include units where asked.

  1. Find 10% of 240 dollars.
    2 marks

    0.10×240=24.

    AUD 24.00
  2. Increase 72 dollars by 25%.
    2 marks

    72×1.25=90.

    AUD 90.00
  3. A 180-dollar item is discounted by 20%. Find its sale price.
    2 marks

    180×0.80=144.

    AUD 144.00
  4. A price falls from 150 to 120 dollars. Find the percentage decrease.
    2 marks

    Decrease =30 dollars.

    30150=0.2=20⁢%.

    20%
  5. An item costs 81 dollars after a 10% discount. Find its original price.
    3 marks

    0.9⁢P=81, so P=810.9=90.

    AUD 90.00
  6. A 100-dollar price increases by 10%, then decreases by 10%. Find the final price and explain why it is not 100 dollars.
    3 marks

    100×1.10×0.90=99.

    The decrease is calculated from the new base of 110 dollars.

    AUD 99.00
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Curriculum reference & lesson scope

Australian Curriculum v9 / SA Curriculum Mathematics

Year 9 financial modelling within AC9M9A05 and AC9M9M05; supplied hypothetical rates and costs, not financial advice.

Official curriculum source ↗

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