Percent means “per hundred.” This chapter connects percent, fraction, and decimal forms and applies them in everyday contexts.
\(35\% = \frac{35}{100}=0.35\)
Convert by multiplying or dividing by 100 as needed.
To find \(p\%\) of a quantity \(Q\), use \(\frac{p}{100}\times Q\).
\(18\%\text{ of }250 = 0.18\times250 = 45\)
Percent change compares new and original values.
\[ \%\text{ change}=\frac{\text{new}-\text{original}}{\text{original}}\times 100\%. \]
New values can also be found with multipliers:
Discounts, tax, markups, interest, and error rates are all percentage models.
Discount \(=0.25\times80=20\), so sale price is \$60.
\(200\times1.12=224\).