Episode 2
Percentage Change – Advanced
What you will learn
- base value, rate and percentage – one formula for all three
- the growth factor: +20 % means × 1.2, −20 % means × 0.8
- several changes: multiply the factors, don’t add the percentages
- working backwards: price before the discount, net price without VAT
- percent or percentage points? What the news often gets wrong
- the four traps that cost marks in exams