Percent Mixed Review

Front

What is a commission rate?

Back

A commission rate is a percentage of sales that a salesperson earns as compensation for their sales efforts.

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How do you calculate a commission?

Back

To calculate a commission, multiply the total sales amount by the commission rate (in decimal form). For example, if the commission rate is 17% and sales are $37,000, the commission is $37,000 x 0.17 = $6,290.

Front

What is sales tax?

Back

Sales tax is a percentage added to the sale price of goods and services, collected by the seller and paid to the government.

Front

How do you calculate sales tax?

Back

To calculate sales tax, multiply the sale price by the sales tax rate (in decimal form). For example, for a rug priced at $112 with a 6% sales tax, the sales tax is $112 x 0.06 = $6.72.

Front

What is percent increase?

Back

Percent increase measures how much a quantity has grown relative to its original amount, expressed as a percentage.

Front

How do you calculate percent increase?

Back

To calculate percent increase, subtract the original value from the new value, divide by the original value, and multiply by 100. For example, from 74 to 85: ((85 - 74) / 74) x 100 = 14.86%, rounded to 15%.

Front

What is a percentage of a total?

Back

A percentage of a total is a portion of the total amount expressed as a fraction of 100.

Front

How do you find a percentage of a number?

Back

To find a percentage of a number, multiply the number by the percentage (in decimal form). For example, to find 20% of 80, calculate 80 x 0.20 = 16.

Front

What does it mean if 20% of a group is a certain age?

Back

It means that out of the total group, 20% of the members belong to that age category.

Front

How do you calculate how many students are a certain age in a group?

Back

To find how many students are a certain age, multiply the total number of students by the percentage (in decimal form). For example, if there are 15 students and 20% are 12 years old, calculate 15 x 0.20 = 3.