Percentages 


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Percentages

A percentage is a non negative number that specifies "how much" of some whole amount. 

It is written as a number followed by the percent '%' symbol.

Examples:    1%   24.5%   50%   100%   150%  0%

"Percent" literally means one part per 100.  Regardless of what the "whole amount" is, when we say we have 100% of that amount, we mean we have all of it.  A convenient way to think of percent is, divide the whole amount into 100 equal parts, then each part represents 1% of the whole amount, that is, 1 of the 100 equal parts.

Example:   Say we're talking about a box of 100 apples.  We can divide this box into 100 equal parts, namely 100 individual apples.   1% of this box would then be 1 apple.  12% of this box would be 12 apples.  50% of this box would be 50 apples.  And, 100% of this box would be all 100 apples.

Example:  We have a box of 300 thumb tacks.  300/100 = 3 pins for each 1%. 

10% of this box of tacks would be 10 of the 100 equal parts of 3 tacks, that is 10% represents 10*3 = 30 tacks.  Likewise, 50% would represent 50*3=150 tacks, or half the box.

If someone tossed in 150 more tacks then the box would have 150% of the original, 300 tacks + the extra 150 tacks = 450 tacks.

We're clearly talking about a fractional amount of some total quantity.  Since percent literally means 1 per 100 then 1% is 1/100,   12%  is 12/100,   67% is 67/100, and so forth.  And these numbers are 0.01, 0.12, 0.67 respectively.  100% is 100/100 = 1.00, 

120% is 120/100 = 1.20    So, we can quickly convert percentages to fractions and then to decimals.  Likewise, given the decimal we can quickly get the percentage by multiplying the decimal by 100.  (for example, 0.12 * 100 = 12%)

Example:  Say we have 35% of 500 lbs of gravel.   This means we have (35/100)*500lbs

which is 175 pounds of gravel.

Example:  Say I have 200 lbs of that original 500 lbs of gravel.  What percent is this?

Well,  200/500 = 2/5 = 0.40      and 0.40 = 40/100 = 40%

Example:   Say I have 15 receipts which is 30% of a total number of receipts. What is this total number of receipts?

         Well, 15 receipts represents 30%.  10% must be 1/3 of 15 or 5 receipts.  So, 100% is 30% + 30% + 30% + 10% which is 15 + 15 + 15 + 5 = 50 receipts.

          A more direct approach using algebra is 

                       15 = (30/100) * Total

      (100/30) * 15 = (100/30)*(30/100) * Total

          (10/3) * 15 = 1 * Total

               (150/3)  =  50  =  Total

Example:     3/8  represents what percent?  Well, write this fraction as an equivalent fraction with a denominator of 100 or carry out the division and convert the result directly to a percentage.

           carry out the division:      3/8 = 0.375    =    37.5 %    (take 0.375 * 100 )

Example:     2/5   is   (20/20) * (2/5) = 40/100 = 40%

 

 

 

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