Basic Percent Formulas Percent Increase Basic Percent Formula P A 100 B & Percent Decrease Step 1: Subtract Step 2: Use Formula How to find the Base? The Base usually comes directly after the word “of” The Base is usually the “Total Number” The Base is often, but not always, the larger number. How to find the Amount: The Amount usually comes after the word “is” The Amount is a “part” of the total number. The Amount is often, but not always the smaller number. p Increase 100 Original Number p Decrease 100 Original Number Converting Basic Interest Formula I = Prt Interest = Interest in dollars. Principle = The amount invested. Rate = The interest rate; usually as a percent. Time = The amount of time in years. How to determine time when less than one year: Days ‐ Write over 365 Months ‐ Less than or more than a year, write over the number of months. Saved: EPCC (Math Emporium) HANDOUT Percent Formulas Fraction to Decimal Decimal to Fraction Decimal to Percent Percent to Decimal Divide Write over place value and reduce Move decimal point two places to the Right Move decimal point two places to the Left.