Percents

Front

What is a percent?

Back

A percent is a ratio expressed as a fraction of 100. It represents a part of a whole.

Front

How do you convert a percent to a decimal?

Back

To convert a percent to a decimal, divide the percent by 100.

Front

What is the formula to calculate the discount amount?

Back

Discount Amount = Original Price x (Discount Rate / 100).

Front

How do you find the sale price after a discount?

Back

Sale Price = Original Price - Discount Amount.

Front

What is the percentage increase formula?

Back

Percentage Increase = (New Value - Original Value) / Original Value x 100.

Front

What is the percentage decrease formula?

Back

Percentage Decrease = (Original Value - New Value) / Original Value x 100.

Front

If an item costs $50 and is on sale for $35, what is the discount percentage?

Back

Discount Percentage = (($50 - $35) / $50) x 100 = 30%.

Front

What does it mean to find the percent of a number?

Back

Finding the percent of a number means calculating how much that percent represents in terms of the number.

Front

How do you calculate the total price after tax?

Back

Total Price = Original Price + (Original Price x Tax Rate).

Front

What is a markup?

Back

Markup is the amount added to the cost price of goods to cover overhead and profit.