numerical relationships
Percentages
You should know: ratios and proportions
Overview
A percentage is a ratio expressed as a fraction of 100, denoted with the % symbol — 'percent' literally means 'per hundred.' Percentages give a standard scale for comparing proportions (a 25% discount means the same relative reduction whether applied to $4 or $4,000), which is why they're used everywhere from sales tax to test scores to statistics.
Formal Definition
A quantity of p percent equals the ratio p/100. To convert a percentage to a decimal, divide by 100; to find p% of a number N, multiply N by p/100.
Properties
Percent to decimal
Percent change
Worked Examples
Convert 20% to a decimal and multiply.
Answer: 10
Practice Problems
A shirt priced at $40 is discounted by 15%. What is the sale price?
Common Mistakes
Forgetting to convert a percentage to a decimal (or fraction) before multiplying, e.g. computing '20% of 50' as 20 × 50.
Always divide the percent by 100 first: 20% of 50 = (20/100) × 50 = 10, not 20 × 50 = 1000.
Summary
- A percentage p% means the ratio p/100.
- To find p% of N, compute (p/100) × N.
- Percent change compares the difference between new and old values to the original value.
References
- WebsiteWikipedia — Percentage
Mathematics