Percents are a ratio of a number and 100, so they are easier to compare than fractions, as they always have the same denominator, 100. A store may have a 10% off sale. The amount saved is always the same portion or fraction of the price, but a higher price means more money is taken off. Interest rates on a saving account work in the same way. The more money you put in your account, the more money you get in interest. It’s helpful to understand how these percents are calculated.
Jeff has a coupon at the Guitar Store for 15% off any purchase of $100 or more. He wants to buy a used guitar that has a price tag of $220 on it. Jeff wonders how much money the coupon will take off the original $220 price.
Problems involving percents have any three quantities to work with: the percent, the amount, and the base.
You will return to this problem a bit later. The following examples show how to identify the three parts: the percent, the base, and the amount.
Identify the percent, amount, and base in this problem.
30 is 20% of what number?
Solution
Percent: The percent is the number with the % symbol: 20%.
Base: The base is the whole amount, which in this case is unknown.
Amount: The amount based on the percent is 30.
The previous problem states that 30 is a portion of another number. That means 30 is the amount. Note that this problem could be rewritten: 20% of what number is 30?
Identify the percent, base, and amount in this problem:
What percent of 30 is 3?
Answer
The percent is unknown, because the problem states "What percent?" The base is the whole in the situation, so the base is 30. The amount is the portion of the whole, which is 3 in this case.
Percent problems can be solved by writing equations. An equation uses an equal sign (=) to show that two mathematical expressions have the same value.
Percents are fractions, and just like fractions, when finding a percent (or fraction, or portion) of another amount, you multiply.
The percent of the base is the amount.
Percent of the Base is the Amount.
In the examples below, the unknown is represented by the letter \(\ n\). The unknown can be represented by any letter or a box \(\ \square\) or even a question mark.
Write an equation that represents the following problem.
30 is 20% of what number?
Solution
Base is: unknown
Once you have an equation, you can solve it and find the unknown value. To do this, think about the relationship between multiplication and division. Look at the pairs of multiplication and division facts below, and look for a pattern in each row.
Multiplication | Division |
\(\ 2 \cdot 3=6\) | \(\ 6 \div 2=3\) |
\(\ 8 \cdot 5=40\) | \(\ 40 \div 8=5\) |
\(\ 7 \cdot 4=28\) | \(\ 28 \div 7=4\) |
\(\ 6 \cdot 9=54\) | \(\ 54 \div 6=9\) |
Multiplication and division are inverse operations. What one does to a number, the other “undoes.”
When you have an equation such as \(\ 20 \% \cdot n=30\), you can divide 30 by 20% to find the unknown: \(\ n=30 \div 20 \%\).
You can solve this by writing the percent as a decimal or fraction and then dividing.
\(\ n=30 \div 20 \%=30 \div 0.20=150\)
What percent of 72 is 9?
Solution