Percentage Calculations and Applications

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Questions and Answers

What is the formula to calculate percentage decrease?

  • ((Original value - New value) / New value) × 100
  • ((New value - Original value) / Original value) × 100 (correct)
  • ((New value + Original value) / New value) × 100
  • ((Original value + New value) / Original value) × 100

What is an example of percentage increase in real-world applications?

  • Grades
  • Discounts
  • Interest rates (correct)
  • Sales tax

How do you convert a fraction to a percentage?

  • Multiply the numerator by the denominator and multiply by 100
  • Add the numerator and denominator and multiply by 100
  • Subtract the numerator from the denominator and multiply by 100
  • Divide the numerator by the denominator and multiply by 100 (correct)

What is the result of converting 1/2 to a percentage?

<p>50% (D)</p> Signup and view all the answers

How do you find a percentage of a quantity?

<p>Multiply the quantity by the percentage (as a decimal) (C)</p> Signup and view all the answers

What is 25% of 120?

<p>30 (D)</p> Signup and view all the answers

How do you find the original quantity from a percentage?

<p>Divide the percentage value by the percentage (as a decimal) (B)</p> Signup and view all the answers

What is the result of converting 30% to a fraction?

<p>3/10 (B)</p> Signup and view all the answers

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Study Notes

Percentage Increase and Decrease

  • Percentage increase: the increase in value as a percentage of the original value
    • Formula: ((New value - Original value) / Original value) × 100
  • Percentage decrease: the decrease in value as a percentage of the original value
    • Formula: ((Original value - New value) / Original value) × 100

Real-World Applications

  • Discounts: percentage decrease in price of an item
  • Interest rates: percentage increase in investment or loan value
  • Sales tax: percentage increase in price of an item
  • Grades: percentage of correct answers on a test
  • Population growth: percentage increase in population size

Converting between Fractions and Percentages

  • Converting fractions to percentages:
    • Divide the numerator by the denominator and multiply by 100
    • Example: 3/4 = (3 ÷ 4) × 100 = 75%
  • Converting percentages to fractions:
    • Divide by 100 and simplify the fraction
    • Example: 25% = 25 ÷ 100 = 1/4

Percentage of a Quantity

  • Finding a percentage of a quantity:
    • Multiply the quantity by the percentage (as a decimal)
    • Example: 25% of 120 = 120 × 0.25 = 30
  • Finding the original quantity from a percentage:
    • Divide the percentage value by the percentage (as a decimal)
    • Example: 30 is 25% of what number? 30 ÷ 0.25 = 120

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