5.2 Percent: Converting Between Fractions, Decimals, and Percents The concept of percent permeates most common uses of mathematics in everyday life. We pay taxes based on percents, many people earn income as a percent sales commission, investments and banks compare alternatives using percent, and sports team records are represented as a percent. A percent is a ratio compared with 100. When we pay 7.25% sales tax, we pay $7.25 tax for every $100 in sales price. As a ratio, this can be written as: $7.25 tax = 0.0725 $100 price Since the denominator of a percent is 100, we can easily convert percents to decimals by dividing by 100. Recall this involves moving the decimal point two place values to the left. Similarly, we can convert percents to reduced fractions. Given the percent 25%, we convert to fraction: 25% = Example 1 Convert each percent to the indicated quantity. a. b. c. d. Solution 25 25 • 1 1 = = 100 25 • 4 4 28% to a fraction 19.8% to a decimal 3.5% to a fraction 325% to a decimal a. Writing the percent as a fraction and simplifying: 28 4•7 7 28% = = = 100 4 • 25 25 b. Writing the percent as a ratio and dividing: 19.8 19.8% = = 0.198 100 c. Writing the percent as a fraction, eliminating decimals, and simplifying: 3.5 10 35 5•7 7 3.5% = • = = = 100 10 1000 5 • 200 200 372 d. Writing the percent as a ratio and dividing: 325 325% = = 3.25 100 Since percents are used so frequently to compare different ratios, we often want to convert ratios 7 (or fractions) to percents. Suppose we want to convert the fraction to a percent. Recall that a 8 x percent is a ratio with a denominator of 100. Thus we want to find the value of x such that 100 7 is equivalent to the original fraction . We solve the proportion: 8 x 7 = 100 8 x 7 200 • = 200 • 100 8 2x = 175 175 x= = 87.5% 2 The fraction Example 2 7 is equivalent to 87.5%. 8 Convert each fraction or mixed number to a percent. a. 3 4 b. 4 c. 2 3 d. 2 1 2 5 6 373 Solution a. Solving the proportion: x 3 = 100 4 x 3 100 • = 100 • 100 4 x = 75% 3 Thus = 75% . 4 b. First write 4 c. Solving the proportion: x 2 = 100 3 x 2 300 • = 300 • 100 3 3x = 200 200 2 x= = 66 % 3 3 2 2 Thus = 66 % . 3 3 1 9 as the fraction . Solving the proportion: 2 2 x 9 = 100 2 x 9 100 • = 100 • 100 2 x = 450% 1 Thus 4 = 450% . 2 374 d. 5 17 as the fraction . Solving the proportion: 6 6 x 17 = 100 6 x 17 300 • = 300 • 100 6 3x = 850 First write 2 x= Thus 2 850 1 = 283 % 3 3 5 1 = 283 % . 6 3 Converting a decimal to a percent is extremely easy. Given the decimal 0.824, we are looking for x the ratio which is equivalent to 0.824. Setting up the equation: 100 x = 0.824 100 x 100 • = 100 • 0.824 100 x = 82.4% Thus 0.824 = 82.4%. Note that, in effect, we are merely multiplying the decimal by 100 to convert it to a percent. Example 3 Convert each decimal to a percent. a. b. c. d. 0.569 0.75 1.671 0.0084 375 Solution a. Solving the equation: x = 0.569 100 x 100 • = 100 • 0.569 100 x = 56.9% Thus 0.569 = 56.9%. b. Solving the equation: x = 0.75 100 x 100 • = 100 • 0.75 100 x = 75% Thus 0.75 = 75%. c. Solving the equation: x = 1.671 100 x 100 • = 100 • 1.671 100 x = 167.1% Thus 1.671 = 167.1%. d. Solving the equation: x = 0.0084 100 x 100 • = 100 • 0.0084 100 x = 0.84% Thus 0.0084 = 0.84%. The remainder of examples in this section are devoted to applications of percents. 376 Example 4 Mr. Jones pays $12,480 income tax for $46,520 in taxable income. Find his income tax rate, expressed as a percent rounded to the nearest hundredth. Solution His tax rate is given as the ratio of income tax . So, we want to find the ratio taxable income $12, 480 x which is equivalent to . Setting up and solving the proportion: $46,520 100 x 12, 480 = 100 46,520 x 12480 465200 • = 465200 • 100 46520 4652x = 124800 124800 ! 26.83% 4652 Mr. Jones’ income tax rate is approximately 26.83%. x= In the previous example note that, in solving the proportion, we did not use the LCM of 46520 and 100. Instead, we used a convenient number which we knew would clear fractions in the equation. This is common practice in solving percent proportion applications, since the numbers are often fairly large and finding the LCM can be time consuming. Example 5 At one point of the season, the San Francisco Giants had won 26 games and lost 14 games. Express their win to games played ratio as a percent. Solution First note that they have played 26 + 14 = 40 games. Their win to games played 26 x ratio is , which we want to express as a percent . Setting up and solving 40 100 the proportion: x 26 = 100 40 x 26 200 • = 200 • 100 40 2x = 130 130 x= = 65% 2 The Giants winning percent is 65%. For baseball fans, note that this is equivalent to 0.650, which is how these winning percents are represented in the media. 377 Example 6 A car salesperson earns $662.50 commission on the sale of a car with a purchase price of $26,500. If her commission rate is a percent based on the purchase price, find the salesperson’s commission rate expressed as a percent. Solution Her commission rate is given as the ratio commission . We want to find the purchase price $662.50 x which is equivalent to . Setting up and solving the $26, 500 100 proportion: x 662.50 = 100 26500 x 662.50 26500 • = 26500 • 100 26500 265x = 662.50 ratio 662.5 = 2.5% 265 The salesperson’s commission rate is 2.5%. x= In the next section we will solve a variety of additional percent problems. Terminology percent Exercise Set 5.2 Convert each percent to a fraction. Be sure to reduce all answers. 1. 3. 5. 7. 9. 11. 13. 15. 35% 48% 90% 2.5% 6.5% 1.25% 175% 500% 2. 4. 6. 8. 10. 12. 14. 16. 378 75% 56% 24% 19.8% 4.4% 0.8% 240% 320% Convert each percent to a decimal. 17. 19. 21. 23. 25. 27. 84% 3.5% 175% 600% 0.9% 0.06% 18. 20. 22. 24. 26. 28. 50% 6.5% 240% 850% 0.5% 0.08% Convert each fraction or mixed number to a percent. 29. 31. 1 2 3 8 30. 32. 1 4 5 1 16 4 9 5 6 1 3 3 5 2 7 1 4 5 8 3 4 9 2 16 7 9 4 7 1 4 6 4 3 11 33. 6 34. 4 35. 36. 37. 39. 41. 43. 38. 40. 42. 44. Convert each decimal to a percent. 45. 47. 49. 51. 53. 55. 57. 0.348 0.65 3.28 5.064 0.0569 0.00468 0.0005419 46. 48. 50. 52. 54. 56. 58. 379 0.215 0.25 1.16 3.048 0.0498 0.00517 0.0004906 Solve each of the following percent applications. 59. A small business pays $13,860 tax for $93,500 in taxable income. Find their tax rate, expressed as a percent rounded to the nearest hundredth. 60. A small business pays $22,691 tax for $121,640 in taxable income. Find their tax rate, expressed as a percent rounded to the nearest hundredth. 61. You pay $56.25 sales tax on a purchase of $1250. Find the sales tax rate, expressed as a percent. 62. You pay $55.90 sales tax on a purchase of $860. Find the sales tax rate, expressed as a percent. 63. A salesperson earns $1,467 commission on sales of $32,600. If the commission is based on the sales, find the salesperson’s commission rate expressed as a percent. 64. A salesperson earns $2,250 commission on sales of $125,000. If the commission is based on the sales, find the salesperson’s commission rate expressed as a percent. 65. A company has 23 full-time employees and 17 part-time employees. What percent of its employees are full-time employees? 66. A small hot dog stand makes 125 jumbo dogs and 75 chili dogs for a baseball game. What percent of its hot dogs made are chili dogs? 67. During one week, Frank has cleaning orders for 275 shirts and 125 pants. What percent of his cleaning orders are pants? 68. During one day, Todd makes 18 business-related phone calls and 22 personal phone calls. What percent of his phone calls are personal calls? 69. During a playoff game, Michael Jordan made 19 shots out of 32 shot attempts. Express his shots made as a percent of shot attempts. 70. During a playoff game, Kobe Bryant made 15 shots out of 25 shot attempts. Express his shots made as a percent of shot attempts. 71. At one point of the season, the Chicago Cubs had won 32 games and lost 38 games. Express their win to games played ratio as a percent, rounded to the tenths place. 72. At the end of a season, the Atlanta Braves had won 102 games and lost 60 games. Express their win to games played ratio as a percent, rounded to the tenths place. 73. An experimental asthma drug is tested on 429 people, and 391 show improvement. What percent of the tested people showed improvement? Round your answer to the nearest tenth of a percent. 74. An experimental chemotherapy drug is tested on 1200 people, and 965 show decrease in cancer levels. What percent of the tested people showed decrease in cancer levels? Round your answer to the nearest tenth of a percent. 75. A large computer manufacturer reduces prices of its computers from $1400 to $1190. Express the ratio of amount of price decrease to original price as a percent. 76. A cellular phone company reduces prices of its phones from $120 to $103.20. Express the ratio of amount of price decrease to original price as a percent. 380 77. An investment earns $380 profit on an investment of $2,000. Express the profit to investment ratio as a percent. 78. An investment earns $900 profit on an investment of $5,000. Express the profit to investment ratio as a percent. 381