Basic questions on percentage

Understand the Problem

The question is asking for fundamental concepts related to percentages, potentially including calculations, definitions, and real-world applications of percentage.

Answer

Percentages are a way to express a number as a fraction of 100 and are used widely in calculations, conversions, and real-world applications.
Answer for screen readers

Percentages represent a portion of a whole expressed out of 100, and they can be calculated, converted to decimals, and applied in real-world scenarios, such as discounts.

Steps to Solve

  1. Understanding Percentages Percentages represent a portion of a whole expressed out of 100. For example, 25% means 25 out of 100.

  2. Calculating Percentages To find a percentage of a number, you can use the formula:

$$ \text{Percentage} = \frac{\text{Part}}{\text{Whole}} \times 100 $$

For example, to find what percentage 20 is of 80, you would calculate:

$$ \text{Percentage} = \frac{20}{80} \times 100 = 25% $$

  1. Converting Percentages to Decimal To convert a percentage to a decimal, divide the percentage by 100. For example, 20% is converted to a decimal as follows:

$$ \text{Decimal} = \frac{20}{100} = 0.20 $$

  1. Real-World Applications Percentages are used in various areas, including finance (calculating interest rates), statistics (understanding survey results), and more. For example, if an item costs $50 and is on sale for 20% off, the sale price can be calculated as:

$$ \text{Sale Price} = \text{Original Price} - \left( \frac{20}{100} \times \text{Original Price} \right) $$

  1. Solving Percentage Problems When solving percentage problems, make sure to identify the part and the whole correctly. Use the percentage formula as needed and perform calculations step-by-step.

Percentages represent a portion of a whole expressed out of 100, and they can be calculated, converted to decimals, and applied in real-world scenarios, such as discounts.

More Information

Percentages are crucial in everyday life for understanding values in contexts like finances, shopping discounts, and statistics. They help in making informed decisions based on relative values.

Tips

  • Confusing the part with the whole when calculating percentages. Always ensure you know which number is the total and which one's a part of it.
  • Forgetting to multiply by 100 when converting part to percentage. Always remember to use the formula correctly.
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