Podcast
Questions and Answers
What is the formula to calculate percentage?
What is the formula to calculate percentage?
- P = (V / T) * 100 (correct)
- P = (V / T)
- P = (V - T) / V
- P = (T / V) * 100
If a shirt originally costs $40 and is now on sale for $32, what is the percentage discount?
If a shirt originally costs $40 and is now on sale for $32, what is the percentage discount?
- 20% (correct)
- 15%
- 30%
- 25%
What does a percentage increase of 50% represent?
What does a percentage increase of 50% represent?
- The value has increased by 50 units
- The value has increased by 50% of its original value
- The value has doubled
- The value has increased to 150% of its original value (correct)
Flashcards
Percentage Formula
Percentage Formula
Percentage is calculated as (Value / Total) * 100, giving the proportion out of one hundred.
Calculating Discount Percentage
Calculating Discount Percentage
Percentage discount is the original price minus the sale price, divided by the original price, then multiplied by 100. In this example the discount is 20%.
Percentage Increase Interpretation
Percentage Increase Interpretation
A 50% increase means the new value is the original value plus half of itself, resulting in 150% of the original.