Page 496 - Basic College Mathematics with Early Integers
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S E C T I O N 6.4 I APPLICATIONS OF PERCENT                   473


             Example 5 Finding Percent Increase                                         PRACTICE 5
                                                                                        The number of people attending
             The number of applications for a mathematics scholarship at Yale increased from  the local play,Peter Pan,
             34 to 45 in one year. What is the percent increase? Round to the nearest whole  increased from 285 on Friday to
             percent.
                                                                                        333 on Saturday.Find the percent
             Solution:  First we find the amount of increase by subtracting the original  increase in attendance.Round to
             number of applicants from the new number of applicants.                    the nearest tenth percent.
                 amount of increase = 45 - 34 = 11
             The amount of increase is 11 applicants.To find the percent of increase,
                                                                                                    Make sure that
                                    amount of increase  11
                 percent of increase =                =    L 0.32 = 32%                  this number is the original
                                      original amount   34
                                                                                         number and not the new
             The number of applications increased by about 32%.                          number.

              Work Practice 5

              Concept Check A student is calculating the percent increase in enrollment
              from 180 students one year to 200 students the next year. Explain what is wrong
              with the following calculations:

                 Amount
                          = 200 - 180 = 20
                of increase
                Percent of   20
                          =     = 0.1 = 10%
                 increase   200
                Suppose that your income was $300 a week and then it decreased by $30. The
            percent of decrease is
                amount of decrease  :  $30
                                     = 0.1 = 10%
                  original amount  :  $300

              Percent of Decrease

                                     amount of decrease
                 percent of decrease =
                                      original amount
              Then write the quotient as a percent.


             Example 6 Finding Percent Decrease                                         PRACTICE 6
                                                                                        A town with a population of
             In response to a decrease in sales, a company with 1500 employees reduces the
                                                                                        20,200 in 1995 decreased to
             number of employees to 1230.What is the percent decrease?
                                                                                        18,483 in 2005.What was the
             Solution:  First we find the amount of decrease by subtracting 1230 from 1500.  percent decrease?
                 amount of decrease = 1500 - 1230 = 270
             The amount of decrease is 270 .To find the percent of decrease,
                 percent of  amount of decrease  270
                           =                   =      = 0.18 = 18%
                 decrease     original amount    1500
             The number of employees decreased by 18%.                                  Answers
                                                                                        5. 16.8%  6. 8.5%
              Work Practice 6
                                                                                          Concept Check Answers
              Concept Check An ice cream stand sold 6000 ice cream cones last summer.   To find the percent of increase, you
              This year the same stand sold 5400 cones. Was there a 10% increase, a 10%  have to divide the amount of increase
                                                                                        (20) by the original amount (180);
              decrease, or neither? Explain.                                            10% decrease.
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