what does it mean when something has a 165% increase or like a 98% increase/decrease. I just can’t seem to understand it
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Imagine you own a lemonade stand, and I sell exactly $100 of Lemonade a day. Then, lemons are found to cure cancer (idk), and suddenly you sell $265 in sales. $265 is 165% more than your old $100, and is therefore a 165% increase.
The reason you would use percents over dollar amounts, is because percents are always relative to the “before” number. If your sales went from $100 to $265, OR if your sales went from $5000 to $13250, either way it’s a 165% increase.
*Note: this is (for example) if your sales increased **__*by*__** 165% (or generally if they increased 165%). If they increased **__*to*__** 165%, they would go from $100 to $165. Feel free to ask if you’re confused*
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