Percentage multipliers provide a quick way to increase or decrease a value by a given percentage in one calculation. Instead of first finding the percentage amount and then adding or subtracting it, we multiply directly by a multiplier:
Whenever a question asks for a “new value after a percentage increase/decrease,” percentage multipliers are the quickest method. They are also essential for repeated changes such as compound interest and depreciation.
Percentage multipliers provide a one-step method to apply percentage increases and decreases. Use \(1+\frac{r}{100}\) for increases and \(1-\frac{r}{100}\) for decreases. This approach is fast, reliable, and essential for compound percentage problems.