Percent is out of 100 Percent sign % is used to indicate the number in parts of 100. Fraction and decimals can be represented as percents, Expressing a fraction as a percent Ex. Express 5/8 as a percent. Step 1. Divide the numerator by the denominator 5/8 = .625 Step 2 – multiply the quotient by 100 = 62.5 Step 3 add the percent sign 62.5% 1/8 = .125 .125 X 100 = 12.5 12.5% Expressing a decimal as a percent Express .47 as a percent Step 1. Move the decimal place 2 places to the right. ( multiply by 100) .47 x 100 = 47 Step 2. Add percent 47% Ex. .023 (100) = 2.3 = 2.3% Expressigng a percent as a decimal Express 180% as a decimal Move decimal two places to the left Percent change Percent increase = Amount of increase / original amount Percent decrease – Amount of decrease/original amount a. If 6 is increased to 10. Find the percent increase. 4/6 = .67 x 100 = 67% increase b. If 10 is decreased to 6, find the % decrease 4/10 = .4 x 100 = 40% Rounding percents when necessary Divide, carry the decimals to 4 decimal places, round to 3 decimal places. Ex. Find the percent increase from 7 to 11 11-7/ 7 = 4/7 = .5714 round to .571 x 100 = 57.1% Reg prices 135, sale price 60.75 Find % decrease 135-60.75/135 = .55 x 100 =55% Tv reg 940, sale price 611 940-611/940 =.35 x 100 = 35% Percents, sales tax & discounts A= P*B A is a percent of B Calculating sales tax Sales tax = Tax * items cost Ex. 4 Sales tax is 7.6, purchase bike for $394 a. How much tax? Drop % and move decimal two to left. .075 * 394 = 29.55 b. Total for bike and tax = price + tax = 394 + 29.55 = 423.55 Ex. 5 Sales tax is 6%, you buy a computer for $1260 a. How much tax is paid? .06 * 1260 = $75.6 b. How much is final cost of computer? Tax plus price = $1335.6 Calculating discounts Discount = discount rate * original price of the item. Example 5. A computer with the price of %1460 is on sale for 15% off. a. What is the discount amount? 1460 * 15%. Drop percent and move decimal two places to the left. .15 *1460 = $219 b. Total price for computer = price minus discount 1460- 219 = $1241 Ex. 6 You are purchasing a cd player with an original price of $380 that is on sale for 35% off. a. What’s the discount amount? $380 .35 =$133 b. What’s the final cost? $380.35-133 = $247