Checklist Notes The intent of this unit: Describe change with percents. Compare values with percents. Inspect ’of’ versus ’more than’ worded statements. Describe percentage points differences. Solve percent problems (tax, tip). Find common fallacies with percents. (Math 1030) M 1030 §3A 1 / 10 Assignment Notes Assignment: 1. p 140 - 141 Quick Quiz 2. p 141 Does It Make Sense? 7 - 16 3. p 142 - 143 Excercises 45, 47, 51, 53, 55, 57, 59, 63, 67, 71, 75, 77, 83, 85, 87, 89 What is the difference between the key words ’or’ and ’more than?’ (Math 1030) M 1030 §3A 2 / 10 Key Words Notes Absolute Change Describes actual increase / decrease from a reference value to a new value. Relative Change Describes as a fraction the size of the absolute change to the reference value. Percentage Change Conversion of the relative change by multiplying with 100%. Absolute Difference The actual difference be5tween the compared value and the reference value. Relative Differenc Describes the size of the absolute difference as a fraction of the reference value. Percentage Difference Conversion of the relative difference by multiplying with 100%. (Math 1030) M 1030 §3A 3 / 10 Review of Percents Notes Conversions: Percent into Fraction - Replace % with ÷ by 100. Ex: 12% = 12/100 = 3/25 Percent into Decimal (LID) - Drop % and move decimal two places left. Ex: 12% = 0.12 Decimal into Percent (RIP) - Move decimal two place right and add the %. Ex: 0.48 = 48% Fraction into Percent - Convert to decimal, then use RIP. (Math 1030) M 1030 §3A 4 / 10 Examples Notes (Example 3 - p 131) - World population was 2.6 billion in 1950 and 6.0 billion in 2000. Describe the change using an absolute difference, relative difference, and percentage difference. (Math 1030) M 1030 §3A 5 / 10 Examples Notes (Example 4 - p 131) - You bought a computer three years ago for $1000. Today, it is worth only $300. Describe the change using an absolute difference, relative difference, and percentage difference. (Math 1030) M 1030 §3A 6 / 10 Examples Notes Suppose you want to compare the price of a $50,000 Mercedes to the price of a $40,000 Lexus. Do the comparision and switch which price is the reference value. (Math 1030) M 1030 §3A 7 / 10 Examples Notes (Example 6 - p 134) Carol earns 50% more than William. How many times larger is her income than his? (What percent is Carol’s income of William’s income?) (Math 1030) M 1030 §3A 8 / 10 Examples Notes (Example 8 - p 135) The percentage of adults who report reading a daily newspaper fell from about 78% in 1980 to 49% in 2009. Describe this change in newspaper readership. (Use absolute change and relative change.) (Math 1030) M 1030 §3A 9 / 10 Examples Notes (Example 10, 11 p 136 - 137) a. You buy a shirt with pre-tax price of $17. The local sales tax rate is 5%. What is your final cost, with tax? b. Your receipt shows that you paid $19.62 for a Blu-ray disc, tax included. The local sales tax rate is 7%. What was the pre-tax price of the disc? Consider the report: ”The rate of smoking for eighth grades is up 44 percent, to 10.4 percent.” What was the previous smoking rate for eighth-graders? (Math 1030) M 1030 §3A 10 / 10 Notes Notes