If I travel 25 miles in 1 hour, my speed was 25mph. If I go 100% faster, I'm going 50mph and get there in 30 minutes. If I go 200% faster, I'm going 75mph and get there in 20 minutes.
However, the original statement of "We have reduced the time for the computation by ~119%!" is still wrong-seeming, I agree. It should be "We have increased the speed for the computation by 119%" or "We have reduced the time for the computation by <WHATEVER>" :)
> We have reduced the time for the computation by ~119%!
You can say 100% faster when you are talking about speed. You can't say 100% faster when you are talking about duration. "Reduced the time" is talking about duration.
I don't think it's about banning words at all. It's about words making sense.
"What's cheaper? The price is." Now that just doesn't make any sense, since a price isn't cheap or expensive, it's high or low. The thing that is priced can be cheap or expensive, but that's not what's being said.
"What's faster? The speed is." Doesn't make sense either. Speed isn't fast, the speedy thing is. However, "What's faster? The acceleration is." is fine, because you can have slow or fast acceleration (I think?).
I'm an ESL speaker, so please do tell me if I'm wrong and how.