November 27, 2012

Easy Way of Calculating Percentage

EASY WAY TO CALCULATE PERCENTAGE:

Find 7 % of 300. Sound Difficult?
Percents: First of all you need to understand the word “Percent.” The first part is PER.
PER = FOR EACH. The second part of the word is CENT, as in 100. Like Century = 100 years. 100 CENTS in 1 dollar… etc. Ok… so PERCENT = For Each 100.
So, it follows that 7 PERCENT of 100, is 7. (7 for each hundred, of only 1 hundred).
8 % of 100 = 8. 35.73% of 100 = 35.73
But how is that useful??
Back to the 7% of 300 question. 7% of the first hundred is 7. 7% of 2nd hundred is also 7, and yep, 7% of the 3rd hundred is also 7. So 7+7+7 = 21.
If 8 % of 100 is 8, it follows that 8% of 50 is half of 8 , or 4.
Break down every number that’s asked into questions of 100, if the number is less then 100, then move the decimal point accordingly.
EXAMPLES:
8%200 = ? 8 + 8 = 16.
8%250 = ? 8 + 8 + 4 = 20.
8%25 = 2.0 (Moving the decimal back).
15%300 = 15+15+15 =45.
15%350 = 15+15+15+7.5 = 52.5
Also it’s usefull to know that you can always flip percents, like 3% of 100 is the same as 100% of 3.
35% of 8 is the same as 8% of 35.

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