Chained percentages refer to situations where you need to calculate the final result of a percentage change after several changes have already taken place. Here's an example:
Let's say you have $100 and you want to increase it by 10%, then decrease it by 20%, and finally increase it by 50%. To find out how much money you have at the end of these changes, you can use chained percentages.
First, you increase the 110. Then, you decrease 88. Finally, you increase 132.
In chained percentages, you need to apply each percentage change one after the other to get the final result. It's important to remember that percentage changes are always calculated based on the original amount.
Title: Explaining Chained Percentages: How to Calculate Multiple Percentage Changes Desc: Learn how to calculate the final result of multiple percentage changes using chained percentages. Perfect for kids who want to understand how to use percentages in real-life situations!