The video tutorial explains how to estimate using benchmark percents like 25%, 50%, 75%, 100%, and 10%. It demonstrates how to round numbers for easier calculations and provides examples using $58.99, rounded to $60, to find these percentages. The tutorial also covers how to estimate other percentages, such as 15%, by combining known benchmarks.

Why is it important to be familiar with benchmark percentages?

• They are only used in financial calculations.

• They help in quick and easy estimation.

• They are used in complex mathematical equations.

• They are not important in daily life.

What is 25% of an amount equivalent to?

• Half of the amount

• One quarter of the amount

• Three quarters of the amount

• The whole amount

How can you calculate 50% of a number?

• Divide the number by 4

• Divide the number by 2

• Multiply the number by 2

• Multiply the number by 4

To find 75% of an amount, you can:

• Divide 50% of the amount by 2

• Multiply 50% of the amount by 2

• Divide 25% of the amount by 3

• Multiply 25% of the amount by 3

What does 100% of an amount represent?

• Three quarters of the amount

• The whole amount

• Half of the amount

• One quarter of the amount

How can you calculate 10% of a number?

• Divide the number by 5

• Multiply the number by 5

• Divide the number by 10

• Multiply the number by 10

Why is $58.99 rounded to $60 for estimation?

• To decrease the value

• To increase the value

• To make calculations easier

• To make calculations more complex

What is 50% of $60?

• $15

• $30

• $45

• $60

What is 25% of $60?

• $30

• $15

• $60

• $45

What is 100% of $60?

• $60

• $45

• $30

• $15