Percentages

Recall (doc/postdoc). Not a first course.

Job: affine scaling by \(1\pm p/100\); relative change is multiplicative, not additive.

Core

\[ p\%=\frac{p}{100},\qquad \text{part}=r\cdot\text{whole},\quad r=\frac{p}{100} \]
Task Map
Apply \(p\%\) of \(A\) \(\frac{p}{100}A\)
\(A\) as \(\%\) of \(B\) \(100\cdot A/B\)
Increase / decrease by \(p\%\) \(A\mapsto A(1\pm p/100)\)
Undo \(p\%\) increase \(B\mapsto B/(1+p/100)\)

Composition: successive \(\pm p_i\%\) multiplies factors; \(+10\%\) then \(-10\%\) yields \(0.99\), not identity.

Interest (simple): \(I=Prt\). Compound: \(A=P(1+r/n)^{nt}\) — discrete exponential; continuous \(\to Pe^{rt}\).

Used later for

Check

Is percent change \(100(A-B)/B\) symmetric under \(A\leftrightarrow B\)?

No — \(\Delta(A,B)=-\Delta(B,A)/(1+\Delta(B,A)/100)\); use log-ratios for symmetry.

Next

Decimals · Exp & log functions · Fractions