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In this video tutorial, Math with Mr. J covers percent of change using two examples, starting with the formula: new number minus old number divided by old number, then multiplied by 100 to get the percentage. Example one: 50 to 34, showing a decrease. Calculate the amount of change by subtracting the old number from the new number (34 - 50 = -16), indicating a decrease. Divide by the original number (50) and multiply by 100 to convert to a percentage. Remember to always divide by the old/original number.