Thursday, August 13, 2015

10% Rule Part Deux - Using 1%

The 10% Rule RULES! Part Two

A quick review...
 
You can calculate any percentage using the 10% rule.
 
 
 
Example 1: What is 15% of 40?
 
 
Start by finding 10%.
 
To find 10%, think of 40 as 40.0
 
Move your decimal ONE place to the left and you have...
 
 
 
4.0  or 4
 
 
5% is half of 10%. Half of 4 is 2, so you need another
 
2
 
4 + 2 = 6
 
 
 
 
DONE! Work SMART not HARD
 
 
 
 
The 1% rule is just an extension of the 10% rule. 
 
 
Example 2: What is 16% of 40?
 
 
16% is just 10% plus 5 % plus 1%
 
 
 
Start by finding 10%.
 
To find 10%, think of 40 as 40.0
 
Move your decimal ONE place to the left and you have...
 
 
4.0  or 4
 
 
5% is half of 10%. Half of 4 is 2, so you need another
 
2
 
4 + 2 = 6
 
Now you just need that last 1%.
 
To find 1%, think of 40 as 40.0
 
Move your decimal TWO places to the left and you have...
 
 
.4
 
4 + 2 + .4 = 6.4
 
 
DONE! Work SMART not HARD

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