this post was submitted on 01 Dec 2024
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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.
I'm quite willing to bet that 70% of the population has no clue that percentages, fractions, and decimals are the same thing.
Then odds show up to the party and upend everything we thought we understood.
https://www.snopes.com/news/2022/06/17/third-pound-burger-fractions/
That's about 60% more than expected
You mean 38 percent points higher ?
I think you can increase that by about 7.5/10%
Is that 7.5 percent or 7.5 percentage points though? :/
11%/10% with rice