When do you multiply vs add/subtract. I'm seeing varying definitions on different non-official PSTs these are the ones i've seen so far E.g Current % = 50%
1. Increased by 10% = 50% * 1.10
2. Increased by 10% points = 50% + 10%
3. It is 6% lower = 50% - 6%
Hi,
1. Increased by 10% = 50% * 1.10 - correct
2. Increased by 10% points = 50% + 10% - correct
3. It is 6% lower = 50% - 6% - depends on the basis. If the basis is in absolute terms (e.g.1Bn), then 6% lower is 1Bn * 0.94. If the basis is 50%, then 6% lower is most probably 50% - 6% (also 6% point lower)
Best
