This tutorial will guide you through the essential skills of calculating percentages and percentage change, equipping you to tackle real-life applications like discounts, simple interest, and original value problems.
1. Understanding Percentages:
A percentage represents a part out of a hundred. The symbol "%" signifies "out of one hundred".
2. Conversion to a Decimal:
To calculate a percentage of a quantity, first convert the percentage into a decimal. This is done by dividing the percentage by 100.
3. Multiplication:
Multiply the decimal form of the percentage by the given quantity.
Therefore, 25% of 80 is 20.
1. Division:
Divide the smaller quantity by the larger quantity.
2. Multiplication:
Multiply the result by 100 to express it as a percentage.
Therefore, 15 is 25% of 60.
1. Finding the Difference:
Calculate the difference between the original value and the new value.
2. Division:
Divide the difference by the original value.
3. Multiplication:
Multiply the result by 100 to express it as a percentage.
Therefore, the price increased by 20%.
1. Increase:
2. Decrease:
Multiply the original value by the decimal result.
Example: A price of £120 is reduced by 15%. Calculate the new price.
Therefore, the new price is £102.
1. Discounts:
2. Simple Interest:
3. Original Value Problems:
Practice makes perfect! Apply your understanding of percentages and percentage change to various real-life scenarios to solidify your skills.