Solve Percent Change - Praxis Core Math
- The number of defective parts produced by a machine decreased from 250 per day to 200 per day. What is the percentage decrease in the number of defective parts? Answer: 20% The formula for percent decrease is [(Original Value - New Value) / Original Value] \times 100%. The decrease is . The percentage decrease is . A common mistake is to divide by the new value (50/200 = 25%).
- A real estate agent's commission is 6% of a home's selling price. If the agent's commission was $21,600 for a sale, but this was after the agent gave 10% of their commission back to the buyer, what was the selling price of the home? Answer: $400,000 Let C be the agent's full commission. The agent received $21,600, which is 90% of the full commission (100% - 10%). So, $C \times 0.90 = . The full commission was $C = $21,600 / 0.90 = . This full commission is 6% of the home's selling price (S). So, $S \times 0.06 = . The selling price was $S = $24,000 / 0.06 = .
- A stock's value decreased by 30%. What percentage increase is required for the stock to return to its original value before the decrease? Answer: 42.9% Let the original value be V. After a 30% decrease, the new value is . To return to V, the new value must be multiplied by some factor x: . Dividing by V gives , so . This multiplier corresponds to an increase of approximately 42.86%, which rounds to 42.9%.
- A company had 800 employees in January. In February, the number of employees increased by 10%. In March, the number of employees decreased by 10%. How many employees did the company have at the end of March? Answer: 792 Number of employees in February: . The 10% decrease in March is based on the February number: . There were 792 employees at the end of March.
- A utility bill includes a fixed fee of $20 plus a charge for electricity usage. Last month, the usage charge was $80. This month, the utility company increased the per-unit electricity rate by 15%. If the customer's usage remains the same, what is the percent increase in their total utility bill? Answer: 12% Last month's total bill was $20 (fixed) + $80 (usage) = . The 15% rate increase applies only to the usage charge. The new usage charge is $80 \times (1 + 0.15) = $80 \times 1.15 = . The new total bill is $20 (fixed) + $92 (usage) = . The increase in the total bill is $112 - $100 = . The percent increase for the total bill is ($12 / $100) \times 100\% = 12\%.
- The length of a rectangle is increased by 10% and its width is decreased by 10%. By what percentage is the area of the rectangle changed? Answer: It decreases by 1%. Let the original length be L and width be W. Original Area = L \times W. The new length is and the new width is . The new area is . The new area is 99% of the original area, which represents a 1% decrease.
- The value of a house increased by 5% last year. This year, its value increased by 8%. If the house was originally worth $300,000 before the first increase, what is its value now? Answer: $340,200 Value after the first year (5% increase): $300,000 \times 1.05 = . Value after the second year (8% increase on the new value): $315,000 \times 1.08 = . Adding the percentages (13%) and applying it once would give an incorrect answer of $339,000.
- The price of a product is increased by 10%. Then, the new price is increased by another 10%. The final price is what percentage of the original price? Answer: 121% Let the original price be P. The first increase results in a price of . The second increase is applied to this new price: . The final price is 1.21 times the original price, which is 121% of the original price.
- The base of a triangle is increased by 30% and its height is decreased by 20%. What is the net percent change in the area of the triangle? Answer: A 4% increase The area of a triangle is . Let the original base be B and height be H. The new base is $1.3B$ and the new height is . The new area is . A multiplier of 1.04 represents a 4% increase.
- In a school district, 60% of the teachers are female. Of the female teachers, 45% have a master's degree. What percentage of all teachers in the district are females with a master's degree? Answer: 27% This is a percent-of-a-percent problem. To find the percentage of the total, multiply the two percentages (as decimals): . Converting this decimal back to a percentage gives 27%.
- An investor allocates 40% of a portfolio to bonds. Of that bond allocation, 25% is in municipal bonds. The municipal bonds then decrease in value by 5%. This decrease contributes to what percentage decrease for the entire portfolio? Answer: 0.5% First, find the percentage of the entire portfolio that is in municipal bonds: , or 10%. Next, calculate the impact of the 5% decrease on this portion relative to the whole portfolio: . As a percentage, this is 0.5%.
- Due to increased efficiency, a company increased its output by 25%. To return to its original output level, by what percentage must the new, higher output be decreased? Answer: 20% Let the original output be O. The new output is . We need to find the percentage decrease, p, that returns the new output to the original: . Divide both sides by O: . Then, . Solving for p gives , which is 20%.
- If the price of gasoline increases by 25%, by what approximate percentage must a driver reduce their gasoline consumption to keep their total gasoline spending the same? Answer: 20% Let P be the original price and C be the original consumption. Spending is . The new price is . Let the new consumption be . We want the spending to be the same: . Dividing by P gives . So, . The new consumption is 80% of the original, which means consumption must be reduced by 20%.
- A department store offers a 20% discount on all purchases. A customer also has a coupon for an additional 10% off the discounted price. If these discounts are applied sequentially to a purchase of $150, what is the total percent discount the customer receives? Answer: 28% First discount: $150 \times (1 - 0.20) = . Second discount on the new price: $120 \times (1 - 0.10) = . The total discount amount is $150 - $108 = . To find the total percent discount, divide the discount amount by the original price: ($42 / $150) \times 100\% = 28\%. A common error is to simply add the percentages (20% + 10% = 30%).
- The population of a city grew by 5% from 2015 to 2020. If the population was 441,000 in 2020, what was the population in 2015? Answer: 420,000 Let P be the 2015 population. The 2020 population is given by . So, . To find P, we calculate . A common mistake is to calculate 5% of 441,000 and subtract it, which would give an incorrect answer.
- The number of employees at a company decreased by 20% in one year. The following year, the number of employees increased by 20%. If there were 100 employees initially, how many employees were there after the two changes? Answer: 96 Initially, there are 100 employees. A 20% decrease leaves employees. The following year, a 20% increase is calculated on the new number of employees: employees. The common mistake is to assume the changes cancel each other out.
- A student's score on a test improved from 60 to 75. What was the percentage increase in the student's score? Answer: 25% The formula for percent increase is [(New Value - Original Value) / Original Value] \times 100%. The increase in score is . The percent increase is . A common error is to divide by the new value (15/75 = 20%).
- A television is on sale for $357 after a 15% discount. What was the original price of the television? Answer: $420.00 Let P be the original price. The sale price is the original price minus the 15% discount, so $P \times (1 - 0.15) = . This simplifies to $P \times 0.85 = . To find the original price, divide the sale price by 0.85: $P = $357 / 0.85 = .
- A scientist measures the length of a specimen to be 8.1 cm. The actual length is 7.5 cm. What is the percent error in the measurement, rounded to the nearest tenth of a percent? Answer: 8.0% Percent error is calculated as . The difference is cm. The percent error is . A common error is to divide by the measured value (8.1 cm), which gives an incorrect result.
- A restaurant bill is $120. A 15% tip is added, and then an 8% tax is calculated on the original bill amount. What is the total amount paid? Answer: $147.60 This problem requires calculating the tip and tax separately and adding them to the original bill. Tip: $120 \times 0.15 = . Tax: $120 \times 0.08 = . Total amount: $120 + $18 + $9.60 = . Note that if the tax were calculated on the bill plus tip, the answer would be different ($138 \times 1.08 = $149.04), which is a distractor.