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[–] 27 points 2 years ago (8 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.

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  • [–] 28 points 2 years ago (7 children)

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

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