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Math Help - Increase Percentage

  1. #1
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    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?
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  2. #2
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    Quote Originally Posted by Lookin4Answers View Post
    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
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  3. #3
    is up to his old tricks again! Jhevon's Avatar
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    Quote Originally Posted by Lookin4Answers View Post
    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 %
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  4. #4
    Moo
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    Hello,

    I'd like to know why it is not :

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

    ?


    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...
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  5. #5
    Member Danshader's Avatar
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    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"
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  6. #6
    Moo
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    It seems that we're 4 thinking about it :/
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  7. #7
    is up to his old tricks again! Jhevon's Avatar
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    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
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  8. #8
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    I find it quite cool that everyone is so into this problem! hehe! Who knew? i feel like i started the trend! hehe!

    Lookin4Answers, i hope you found your answers!

    -BAM
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