How to increase the number 6,000 by 24% percent of its value?
Value of Percentage Increase. New Value
- A percentage value is nothing but a fraction with a denominator of 100:
- 24% = 24/100 = 24 ÷ 100 = 0.24
- To increase a positive number add the 'Value of Percentage Increase' to it.
- To increase a negative number, don't add to it, but subtract from it the 'Value of Percentage Increase'.
Value of Percentage Increase =
Percentage of the Increase % × The original value =
24% × 6,000
New Value =
The original value + Value of Percentage Increase =
6,000 + 24% × 6,000
1. Calculate the New Value of the number
increased by percentage of its initial value
1 = 100/100 = 100 ÷ 100 = 100%
New Value =
6,000 + Value of Percentage Increase =
6,000 + (24% × 6,000) =
6,000 + 24% × 6,000 =
(1 + 24%) × 6,000 =
(100% + 24%) × 6,000 =
124% × 6,000 =
124 ÷ 100 × 6,000 =
124 × 6,000 ÷ 100 =
744,000 ÷ 100 =
7,440
2. Calculate the Actual Increase (Absolute Difference)
between the New Value and the initial one
Actual Increase =
New Value - 6,000 =
7,440 - 6,000 =
1,440
6,000 increased by 24% percent of the value = 7,440
The actual increase:
7,440 - 6,000 = 1,440