|
|
|
|
|
by ZoomZoomZoom
565 days ago
|
|
The issue is language ambiguity, not always just math proficiency. A "price hike" is not necessary an "increase", i.e. a sum of the old price and a change, which is X + X * (P/100). It very well might also mean "a price hike to Y", i.e. "the new price is now P percent of the old" which is a multiple (X * (P/100)). But yeah, it's usually very confusing for all the parties involved, especially when the change is negative. |
|
A "price hike" is always an increase, and specifically a large increase. If the value has decreased it'd be a "price drop" and a large drop would be a "price slash".