Saturday, 25 March 2017

Percentage Change and Percentage Point change


Percentage Change and Percentage Point change

            Last year arun slaray was rs.10,000 and aruna huberta salary was rs.8,000. This year arun salary is rs. 12,000 while huberta salary is rs.10,000.

1.      I) What is the percentage increase of arun salary?
Ii) What is the percentage increase of huberta salary?
iii) Percentage increase in huberta salary is how much percent greater than the percentage increase in arun salary?
iv) What is the percentage point change in the salary of huberta and arun?

Solution:

i)                    12,000-10,000/10,000 x 100  = 20%

Or 2/10 --à 1/5 = 20%

ii)                  2/8 = 1/4 = 25%

iii)                Percentage increase of huberta salary = 25
Percentage increase of arun salary = 20
So the required percentage = 25-20/20 x 100 = 25%
It means percentage increase of huberta salary is 25% greater than the percentage increase of arun salary.

iv)                Percentage point change = (Percentage increase in huberta salary – Percentage increase in arun salary)
= 25-20 = 5 percentage point


Infact percentage point change is the difference between two percentage values.

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