# Increase Percentage

• April 24th 2008, 11:46 AM
Increase Percentage
What is the increase percentage from 48 to 18,000?

We had 48 people six years ago and now serving 18,000 people?
• April 24th 2008, 11:52 AM
blair_alane
Quote:

Originally Posted by Lookin4Answers
What is the increase percentage from 48 to 18,000?

We had 48 people six years ago and now serving 18,000 people?

hehe...so, like, I don't really know, but it could be 37400%.....is that what you're asking? I don't know so....don't take my word for it! :) hehe sorry if I'm wrong!

-BAM
• April 24th 2008, 12:07 PM
Jhevon
Quote:

Originally Posted by Lookin4Answers
What is the increase percentage from 48 to 18,000?

We had 48 people six years ago and now serving 18,000 people?

in short:

$\mbox{Percent Change } = \frac {\mbox{New Amount}}{\mbox{Old Amount}} \times 100$

If the new amount is greater than the old amount, we have "Percent increase". if it is less, we have "Percent decrease"

So that here, $\mbox{Percentage Increase } = \frac {18000}{48} \times 100 = 37500$ %
• April 24th 2008, 12:09 PM
Moo
Hello,

I'd like to know why it is not :

$\text{New Amount}=\text{Old Amount}+100*\text{Increase Percentage}*\text{Old Amount}$

?

Quote:

well from the news i hear in the tele when they say increase in 200% it means the final value is double the original value. but percentage increase might just be an increment of that amount and not multiplication of that original amount
Danshader said that, and I have to admit, I agree...
• April 24th 2008, 12:14 PM
well what i think is increment by x% means multiplication of the original value and increment of x% is additional of that increment to that original value.well i could be wrong thinking so o.o"
• April 24th 2008, 12:16 PM
Moo
It seems that we're 4 thinking about it :/
• April 24th 2008, 12:42 PM
Jhevon
Yes, there are about two interpretations to this problem. i think it is up to the poster to let us know which he is after
• April 24th 2008, 02:02 PM
blair_alane
I find it quite cool that everyone is so into this problem! :) hehe! Who knew? i feel like i started the trend! hehe!