The formula
is the part, the percent and the whole. Every everyday percentage question is this one equation solved for a different letter:
- What is 15% of 240? Solve for .
- 36 is what percent of 240? Solve for .
- 36 is 15% of what? Solve for .
Where it comes from
“Per cent” is Latin for “per hundred”. Saying 15% means 15 out of every 100, the fraction . Taking a fraction of something means multiplying by it, so 15% of 240 is .
Rearranging gives the other two questions. Divide both sides by and multiply by 100 to find the percent:
Or divide both sides by to find the whole:
Worked example
A $240 jacket is 15% off. The discount is
so you save $36. Going the other way, if you saved $36 on a $240 jacket, .
Mental shortcuts
- Percentages swap. 8% of 50 equals 50% of 8, which is 4, because both are .
- 10% is a decimal shift. Build other percentages from it. 15% is 10% plus half of 10%.
Watch out for
- “Of what?” questions. If a sale price of $204 is 15% off, the original is not . The 15% was taken from the original, so the sale price is 85% of it: .
- Percent vs percentage points. A rate going from 4% to 5% rose by 1 percentage point, but by 25 percent.
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