Lesson 8: Percent Increase and Decrease with Equations

Let’s use equations to represent increases and decreases.

8.1: From 100 to 106

How do you get from one number to the next using multiplication or division?

  • From 100 to 106
  • From 100 to 90
  • From 90 to 100
  • From 106 to 100

8.2: Interest and Depreciation

  1. Money in a particular savings account increases by about 6% after a year. How much money will be in the account after one year if the initial amount is \$100? \$50? \$200? \$125? $x$ dollars? If you get stuck, consider using diagrams or a table to organize your work.
  2. The value of a new car decreases by about 15% in the first year. How much will a car be worth after one year if its initial value was \$1,000? \$5,000? \$5,020? $x$ dollars? If you get stuck, consider using diagrams or a table to organize your work.

 

8.3: Matching Equations

Match an equation to each of these situations. Be prepared to share your reasoning.

  1. The water level in a reservoir is now 52 meters. If this was a 23% increase, what was the initial depth?
  2. The snow is now 52 inches deep. If this was a 77% decrease, what was the initial depth?

$0.23x = 52$

$0.77x = 52$

$1.23x = 52$

$1.77x = 52$

8.4: Representing Percent Increase and Decrease: Equations

  1. The gas tank in dad’s car holds 12 gallons. The gas tank in mom’s truck holds 50% more than that. How much gas does the truck’s tank hold?

    Explain why this situation can be represented by the equation $(1.5) \boldcdot 12 = t$. Make sure that you explain what $t$ represents.

  2. Write an equation to represent each of the following situations.
    1. A movie theater decreased the size of its popcorn bags by 20%. If the old bags held 15 cups of popcorn, how much do the new bags hold?
    2. After a 25% discount, the price of a T-shirt was \$12. What was the price before the discount?
    3. Compared to last year, the population of Boom Town has increased by 25%.The population is now 6,600. What was the population last year?

Summary

We can use equations to express percent increase and percent decrease. For example, if $y$ is 15% more than $x$,

we can represent this using any of these equations:

$y = x + 0.15x$

$y = (1 + 0.15)x$

$y = 1.15x$

So if someone makes an investment of $x$ dollars, and its value increases by 15% to \$1250, then we can write and solve the equation $1.15x =1250$ to find the value of the initial investment.

Here is another example: if $a$ is 7% less than $b$,

we can represent this using any of these equations:

$a = b - 0.07b$

$a = (1-0.07)b$

$a = 0.93b$

So if the amount of water in a tank decreased 7% from its starting value of $b$ to its ending value of 348 gallons, then you can write $0.93b = 348$.

Often, an equation is the most efficient way to solve a problem involving percent increase or percent decrease.

Practice Problems ▶