Single Percent Problems

Front

What is a percent?

Back

A percent is a way to express a number as a fraction of 100. It is often used to describe discounts, interest rates, and other ratios.

Front

How do you calculate a percentage of a number?

Back

To calculate a percentage of a number, multiply the number by the percentage (in decimal form). For example, to find 25% of 80, calculate 80 x 0.25 = 20.

Front

What does '25% off' mean?

Back

'25% off' means that the price of an item is reduced by 25% of its original price.

Front

If an item costs $100 and is on sale for 20% off, what is the sale price?

Back

The sale price is $80. (Calculation: 100 - (100 x 0.20) = 80)

Front

What is the formula to find the sale price after a discount?

Back

Sale Price = Original Price - (Original Price x Discount Percentage)

Front

How do you find the discount amount?

Back

Discount Amount = Original Price x Discount Percentage.

Front

If a shirt costs $50 and is 30% off, what is the discount amount?

Back

The discount amount is $15. (Calculation: 50 x 0.30 = 15)

Front

What is commission?

Back

Commission is a fee paid to an employee based on the sales they make, usually expressed as a percentage of the sales.

Front

If Sharon sold $37,000 worth of items and earns 17% commission, how much does she earn?

Back

Sharon earns $6,290. (Calculation: 37000 x 0.17 = 6290)

Front

How do you calculate a tip based on a percentage?

Back

To calculate a tip, multiply the total bill by the tip percentage (in decimal form). For example, for a $27.31 bill at 23%, calculate 27.31 x 0.23 = 6.28.