How does percent markup and percent discount relate to percent of change?

Question

Jordan Johnston

Mathematics

28 January, 22:37

How does percent markup and percent discount relate to percent of change?

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Daphne Wall · Answer 1

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Step-by-step explanation:

Percent mark up and discount finds the amount price changes to. Percent of change compares two prices to find a percentage of decrease or increase. Percent of change can be negative or positive while generally mark up and discount are only positive. Both find the percentage of change between two prices or costs. But discount and markup give a price while percent change gives a percentage change between prices.