I. Simple Percentage
Ex. Johnny owns 253 of the 278 Komiji playing cards. What percentage of the cards does he own?
Step 1: Divide the number of cards he owns by the total number of Komiji playing cards.
253/278 = .910
Step 2: Move the decimal two places to the right: .910 = 91.0%.
Johnny owns 91% of the Komiji playing cards.
II. Multiple Percentage Increases and Decreases
Ex. A sweater is marked down by 10%. The new price is what percent of the original price?
Original Price · .9 (because 90% of the price is remaining)
The new price is 90% of the original price.
Ex. A sweater is marked down by 10% for three consecutive weeks. The new price is what percent of the original price?
***Be prepared: Three consecutive 10% decreases does not equal a 30% decrease.***
Original Price · .9 · .9 · .9
→ Original Price · .729
The new price is 72.9% of the original price.
Ex. A house’s value increased by 20% for YEAR 1 and another 15% in YEAR 2. By what percentage has the house’s value increased over the two years?
Original House Value · 1.2 · 1.15 (because house values were 120% and 115% of previous value)
→ Original House Value · 1.38
The house’s value is now 138% of its original value. The house’s value has increased by 38% over the two years.
III. Equations with Percentages
Be prepared to convert a written statement into the equivalent algebraic form, and then solve!
Ex. 20% of a number is 120. What is that number?
.2 · x = 120 (Turn the words into an equation. Remember “of” in math means multiply.)
x = 600 (After dividing by .2)
The number is 600.