this post was submitted on 01 Dec 2024
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Science Memes

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Percentages (mander.xyz)
submitted 3 weeks ago by [email protected] to c/[email protected]
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[–] [email protected] 27 points 3 weeks ago (1 children)

It's really pretty simple - if something increases by 80%, you add 80% of whatever it already is... one dollar becomes $1.80... one percent becomes 1.8 percent.

Most people don't understand it because they've seen it done wrong so often, the wrong way seems right.

[–] [email protected] 28 points 3 weeks ago (4 children)

I'm quite willing to bet that 70% of the population has no clue that percentages, fractions, and decimals are the same thing.

[–] [email protected] 7 points 3 weeks ago (1 children)

That's about 60% more than expected

[–] [email protected] 2 points 3 weeks ago

You mean 38 percent points higher ?

[–] [email protected] 5 points 3 weeks ago

Then odds show up to the party and upend everything we thought we understood.

[–] [email protected] 2 points 3 weeks ago (1 children)

I think you can increase that by about 7.5/10%

[–] [email protected] 1 points 3 weeks ago (1 children)

Is that 7.5 percent or 7.5 percentage points though? :/

[–] [email protected] 1 points 3 weeks ago

11%/10% with rice