percentages and ratio
- Created by: Sr21
- Created on: 29-03-17 16:57
converting fdp 1
to convert PERCENTAGE TO FRACTION write the fraction over 100 then cancel down , For an example ; 25% = 25/100 = 1/4
to convert PERCENTAGE TO A DECIMAL divide the percentage amount by 100 for example 25%= 25 divided by 100= 0.25
to convert FRACTION TO DECIMAL divide the denominator by the numerator for example
3/25 = 3 divided by 25 is equal to 0.12 BUT if you don't have a calculator work it out in this way:
CONVERTING fdp 2
When you change a terminating DECIMAL TO FRACTION, the denominator will be 10, or 100, or 1000 or… (depending on the number of decimal places). EG;
0.5 means 'five tenths', so 0.5 = 5/10 = 1/2
0.45 means '45 hundredths', so 0.45 = 45/100 = 9/20
0.240 means '240 thousandths', so 0.240 = 240/1000 = 6/25
When you change a DECIMAL TO A PERCENTAGE you need to be /100 so multiply the decimal by 100 then put the percentage sign FOR EXAMPLE:
0.32 X 100 = 32 THEN ADD THE PERCENT SIGN 32%
To convert a FRACTION TO A PERCENTAGE you need to be over 100 again so x fraction to make denominator 100
and then add % sign EXAMPLE 3/4 TIMES DENOMINATOR BY 25 TO GET OVER 100 THEN DO THE SAME TO THE TOP TO GET 75/100 WHICH IS 75%
percentage of a quantity
Percentage of a quantity
It's often useful to be able to find a percentage of a quantity. For example, you might be told that bus fares are going up by 5% and you need to know how much more you will need each week.
Here are a couple of ways you could do it:
Find 1% of the quantity by dividing it by 100.
Find x% of a quantity by multiplying 1% of the quantity by x.
percentages of a quantity written methods
to do this as a written method turn to a fraction with your percentage
put a times sign in the middle take the other number and put it after the times sign
you will end up with this;
16 x 90 is equal to 4 x 18 is equal to 72
100 5 5
then cancel down by using common factors to make the sum easier before working it out by hand 72 divided by 5 = 14.4
percentage change
It is possible to look at the difference between two numbers and work out the percentage increase or the percentage decrease. This is known as percentage change. Often goods are bought for one price and then sold on for another. The percentage change can be calculated to find out the profit or loss an item has made.
percentage increase
To increase or decrease an amount by a percentage, use the multiplier method. This type of calculation is most convenient when used with a calculator but it is vital to use it when dealing with compound interest questions.
Firstly, consider what the overall percentage would be after the figure has had its percentage increase or decrease added or subtracted. Then convert this amount to a decimal, before finally multiplying by the number in question. eg;
INCREASE BY DECREASE BY
4% = X 1.04 4% = X 0.96
15% = x 1.15 15% = x 0.85
2 1/2 % = x 1.025 1/2 % = x 0.995
reverse percentages
Sometimes a question will ask you to work backwards and find the original price of something after the price has increased. If you are given a quantity after a percentage increase or decrease, and you need to find the original amount, use this method:
Example 1
A radio sells for £63, after a 40% increase in the cost price. Find the cost price. Solution;
Start with the original amount as 100%. : Cost price = 100%
We are told the selling price is a 40% in the cost price. :So the selling price is 100% + 40% = 140% of the cost price.
We know that the selling price is £63, so 140% = £63.
Now calculate 1%:
140% = £63
1% = £63/140
1% = £0.45
The cost price is 100%, so multiply £0.45 by 100.
Cost price = 0.45 × 100 = £45.
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