Showing posts with label percents. Show all posts
Showing posts with label percents. Show all posts

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

Wednesday, June 24, 2015

Percent Video (Type 5)



Percent Video (Type 5)
I have identified at least 5 distinct types of percent questions. (There may be more...) These include...

1) One number expressed as a % of another

2) Finding a certain % of a given number

3) (For want of a better title) The good old "650 is 15 % of what number" type of question.

4) Percent change

5) Increasing or decreasing a number by a given percentage
 
Here's the link for the 5th of 5 videos in a series on percent questions.

Thursday, June 18, 2015

Percent Video (Type 4)

Percent Video (Type 4)
Percent Video (Type 4)
I have identified at least 5 distinct types of percent questions. (There may be more...) These include...

1) One number expressed as a % of another

2) Finding a certain % of a given number

3) (For want of a better title) The good old "650 is 15 % of what number" type of question.

4) Percent change

5) Increasing or decreasing a number by a given percentage
 
Here's the link for the 4th of 5 videos in a series on percent questions.

Wednesday, June 17, 2015

Percent Video (Type 3)

Percent Video (Type 3)
I have identified at least 5 distinct types of percent questions. (There may be more...) These include...

1) One number expressed as a % of another

2) Finding a certain % of a given number

3) (For want of a better title) The good old "650 is 15 % of what number" type of question.

4) Percent change

5) Increasing or decreasing a number by a given percentage
 
Here's the link for the 3rd of 5 videos in a series on percent questions.

Thursday, June 11, 2015

Percent Video (Type 2)


Percent Video (Type 2)

I have identified at least 5 distinct types of percent questions. (There may be more...) These include...

1) One number expressed as a % of another

2) Finding a certain % of a given number

3) (For want of a better title) The good old "650 is 15 % of what number" type of question.

4) Percent change

5) Increasing or decreasing a number by a given percentage
 
Here's the link for the 2nd of 5 videos in a series on percent questions.

Wednesday, June 10, 2015

Percent Video (Type 1)

I have identified at least 5 distinct types of percent questions. (There may be more...) These include...

1) One number expressed as a % of another

2) Finding a certain % of a given number

3) (For want of a better title) The good old "650 is 15 % of what number" type of question.

4) Percent change

5) Increasing or decreasing a number by a given percentage
 
Here's the link for the first of 5 videos in a series on percent questions.
 


Wednesday, March 25, 2015

In the dog house

Look familiar? 

1) Pat scored 54 out of 200 on a test. What percent is this?

or...

2) 36 out of 300 people ride bikes to work. What percent is this?

The key to solving these types of questions comes in the words " out of ".




The " out of " number needs to be thrown " out of " the house. 200 has forgotten the wedding anniversary (yet again!) and has to go and sleep in the dog house. 200 is not allowed in the house.


54 is inside...


and 200 is out of the house, in the dog house...


So now we have...

 200 divided into 54. 

This is a job for Captain Zero and will be covered in the next blog post. 

Note: Do not get into the habit of assuming you are dividing the "bigger number" into the smaller one. You might get a question such as...

Pat scored 154 out of 150 on a test. Bonus marks were scored! What percent is this? 

If Pat scored more than 150, then the answer has to be more than 100%. In this case, 150 is your " out of " number.






          

Wednesday, March 26, 2014

Type 5


% Solved!



Type #5


4)    Increasing or decreasing a number by a given %

I have:  1 number

 I have: A given % increase or decrease

I need to find: The new value, after the % change has been applied.


Example:    a) What is $640.00 decreased by 10%?

                   b) What is $200.00 increased by 20%?


Key to Solving:


These questions are not much different from a type 2 question. You just need to think of the % as a new value.


a)     What is $640.00 decreased by 10%?


Step 1 – a 10% decrease is equal to 90% of the original value


Step 2 –       90    X  640.00 = $576.00  

                   100


b)    What is $200.00 increased by 20%?


Step 1 – a 20% increase is equal to 120% of the original value


Step 2 –       120    X  200.00 = $240.00  

                   100

Tricks to look out for.

Watch out for fractional percents like 3  1 %

                                                                  2


a) What is $360.00 increased by 3  1 %  ?

                                                                  2


Step 1 – a 3  1 %  increase is equal to 103.5% of the original value

                     2


Step 2 –       103.5   X  $360.00 = $372.60  

                   100



b)      What is 12 increased by 1 %  ?

    4

Note – a  1 %  increase is equal to 100.25% of the original value. It is a

                4    

                       quarter of a percent, not a quarter.


ý  Wrong! 125   X  $12 = $15.00   

                   100



þ Right!   100.25   X  $12 = $12.03  

Thursday, March 20, 2014

% Type 4 - Percent Change


% Solved!


Type #4

The percent change. D’oh!


This is the “donuts rose from 75¢ each to 90¢ each” type of question. You will be asked to find out what percent the price rose. This is a fairly common percentage question and one that is often used to explain how much prices or salaries have risen or fallen.



I have:                         1 number


I have:                         A 2nd number

I need to find:            The percentage value for the difference between the 2 numbers.

Example:              a) Donuts rose from 75¢ each to 90¢ each. What  percentage did the price rise?

Key to Solving:


The price of doughnuts went up! D'oh!    D’O   Homer Simpson saves the day! The key to solving these questions is Difference ÷ The Original


Step 1 – Calculate the Difference.      90¢ - 75¢ = 15¢.


Step 2 – Divide 15¢ by the Original price, which is 75¢. Note – the 90¢ does not appear in the calculation below. It only played a part in calculating the difference.


Step 3 –       15¢    X  100% = 20%  

                   75¢.


Donuts rose by 20%. (Was it the extra baking powder?)


 Tricks to look out for.

 Remember to concentrate on which value is the Original price. It is not necessarily the smaller of the 2 prices.


a) A price decreased from $50.00 to $40.00. What is the percentage of change?


ý Wrong! 10  X  100%  = 25%

                   40               



þ Right!   10   X  100% = 20%. The price decreased by 20%

       50 


The original price was $50.00

Monday, March 17, 2014

Percent Type 3


% Solved!





Type #3



This is the “$700.00 is 20% of what number” type of question. This is a more uncommon percent question and not one that is used a lot.





I have: 1 number



I have: A percent value



I need to find: “A 2nd number, which the 1st number is a given percent of.”









Example: a) $700.00 is 20% of what number?









Key to Solving:





Make a 4 element relation box. Percentages stick together, so always divide the percent value by 100. For the question above:



Step 1 – change the 20% to 20

100





Step 2 – We know that the $700.00 and the 20 are related, so they go across from each other. The “x” is the value we are looking for.



20 = $700.00

100 X





Step 3 – Multiply UP and ACROSS from the bottom left number, then divide by the top left number.





100 X $700.00 ÷ 20 = $3500.00





$700.00 is 20% of $3500.00









Tricks to look out for.





$700.00 is 20% of what number?





a) Read the question carefully. Do not work out 20% of $700.00.





Wrong! 20 ÷ 100 x $700.00 = $140.00 $700.00 is 20% of $140.00









Right! 20 = $700.00

100 X







100 X $700.00 ÷ 20 = $3500.00





$700.00 is 20% of $3500.00

Thursday, March 13, 2014

% Type 2


% Solved!


Type #2

The good old “What is 32% of 60” type of question. This is a common percent question and one that we use regularly.


I have:   A  percent value


I have:    1 number

     I need to find:   A 2nd number, which is a certain percent of the 1st number.


Examples:             a) What is 75% of 640?


b) Prices rose by 25% last year. If a TV cost $600.00 last year, what does it cost this year? (What is 25% of $600.00 added to the price?)


c) She got a 15% discount on the books. If the books cost $400.00 originally, what is the discounted price? (What is 15% of $400.00 subtracted from the price?)

Key to Solving:

All three questions above are “percentage of” questions. For question 1 above:


Step 1 – change the 75% to 75

                                             100

Step 2 – Cross out the word “of” with an “X”. This becomes your multiplication sign.  


75   X

100

Step 3 – Divide 75 by 100, then multiply by 640.


75   X  640 = 480

100

Tricks to look out for.


a) Prices rose by 25% last year. If a TV cost $600.00 last year, what does that TV cost this year?


ý  Wrong! 25 ÷ 100 x $600.00 = $150.00       The TV costs 150 dollars.


þ Right!   25 ÷ 100 x $600.00  = $150.00      $600.00  PLUS  $150.00 = $750.00.


You need to add the 25% value (in this case, $150.00) because the price ROSE or went up.


b) She got a 15% discount on the books. If the books cost $400.00 originally, what is the discounted price?


ý Wrong!  15 ÷ 100 x $400.00 = $60.00   The books cost $60.00.


þ Right!   15 ÷ 100 x $400.00 = $60.00      $400.00 MINUS $60.00 = $340.00   The books cost $340.00. You need to subtract the 15% value (in this case $60.00) because the prices were discounted.

% Solved Type 1


% Solved!


Type #1


·        “rate”

·        “test score”

·        “one number as a percent of another number”.


These questions compare 2 given numbers and you are looking for the percent. ( x 100 )


I have:                  1 number.

     I have:                  A  2nd  number.

  I need to find:            “The percent that one number "is" of the other number.”


Examples:            a)   24 out of every 60 people drive to work. What percent is this?

               

b)   He got 52 out of 67 on his test. What percent is this?

    

c)   What percentage is 42 out of 68?



Key to Solving:
Step 1: Divide one number by the other number.



Note: The word “of” is the key here. The number associated with the word “of” is what you are “dividing by”.


Step 2: Multiply this answer by 100.

Answers


a)   24 ÷ 60 x 100 = 40%


b)   52 ÷ 67 x 100 = 77.6%


c)   42 ÷ 68 x 100 =  61.8%


 Tricks to look out for.


a) What percentage is 68 out of 42?  


ý  Wrong! 42 ÷ 68 x 100 = 61.8%


þ Right!   68 ÷ 42 x 100 = 161.9%.   


·        Dont assume you divide the smaller number by the larger number! 68 is larger than 42, so your answer must be more than 100%.


·        The word of is associated with 42, so you need to divide by 42, not 68.



b) A vet treats 32 dogs and 25 cats. What percentage of animals treated were cats?


ý Wrong!  25 ÷ 32 x 100 = 78%


þ Right!   25 ÷ 57 x 100 =  43.9%    


Where did the 57 come from?


There are 57 animals in total (of animals). Thinking about it, 25 cats is slightly less than 32 dogs, so nearly a 50/50 percent split. 43.9% represents lightly less than half the total, which makes sense. 78% does not make sense in this case.