Percentage

Front

What is the formula to calculate the selling price when a profit percentage is given?

Back

Selling Price = Cost Price + (Profit Percentage × Cost Price) / 100

Front

If an item is sold at a profit of 180%, how do you calculate the selling price from the cost price?

Back

Selling Price = Cost Price × (1 + Profit Percentage/100) = Cost Price × 2.8

Front

How do you convert a percentage increase into a multiplication factor?

Back

To convert a percentage increase into a multiplication factor, add 1 to the percentage expressed as a decimal. For example, a 20% increase is 1 + 0.20 = 1.20.

Front

What is the relationship between percentages and fractions?

Back

Percentages can be converted to fractions by dividing the percentage by 100. For example, 25% = 25/100 = 1/4.

Front

How do you calculate the final price after applying a discount?

Back

Final Price = Original Price - (Discount Percentage × Original Price) / 100.

Front

If a T-shirt costs $50 and is on a 10% discount, how much do you pay?

Back

You pay $45. Calculation: $50 - (10% of $50) = $50 - $5 = $45.

Front

What does a 70% discount mean in terms of the original price?

Back

A 70% discount means you pay 30% of the original price. For example, if an item costs $800, after a 70% discount, you pay $240.

Front

How do you determine if a price reduction is a certain percentage off?

Back

To determine if a price reduction is a certain percentage off, calculate the difference between the original price and the sale price, then divide by the original price and multiply by 100.

Front

What is the formula to find the percentage of a number?

Back

Percentage = (Part / Whole) × 100.

Front

How do you express 10% as a decimal?

Back

10% as a decimal is 0.10.