Finding the original percentage Example This year Susan was given a 5% pay rise. If Susan earned £540 per week last year how much more will she get in.

Slides:



Advertisements
Similar presentations
Simple Interest. is money added onto the original amount saved (earned) or borrowed (charged). Simple Interest.
Advertisements

M May 100% %0.50 1/21/ / 3 % /41/4 25% /31/ /51/5 20% 10% / 10 1% / 100 ÷2 ÷3 ÷4 ÷5 ÷10 ÷100.
Calculations In Everyday Contexts.
Section 3A - continued Uses and Abuses of Percentages Pages
Chapter 9 Time & Money. Learning Objectives  Convert 12-hr clock to 24-hr clock  Convert 24-hr clock to 12-hr clock  Work out differences between 2.
October 2006 ©RSH Percentages Reverse Percentages.
Calculations In Everyday Contexts.. Wage Rises Example 1. (a) The new annual wage. (b) The new monthly wage. Solution (a)The new annual wage = old wage.
05 – 04c Percents.
21.42 Card # 1: A man weighed 90kg. After 2 months at Weight Watchers he has lost 20% of his weight. How many kg does he weigh now?
Reminder A mobile phone is reduced by 30% in a sale. The Sale price is £105. How much was the original price? 105/0.7 = £150 £105 represents 70% So 1%
Percentages Questions and Answers
Commission Commission :Money earned based on how much you sell. Usual expressed as a percentage. Write some people who get commission Car sales person.
Sales Tax and Discount In a department store, a $40 dress is marked, "Save 25%." What is the discount? What is the sale price of the dress? In a bicycle.
Percentages Objectives: D GradeIncrease or decrease a quantity by a given percentage C GradeWork out a percentage increase or decrease Prior knowledge:
QUIZ Fundamentals of Investing
Finding Percent.
Percents A Percent is a ratio that compares a number to 100. The symbol for percent is %. You can write percents as fractions and decimals. 36% as a decimal.
Transparency 7 Click the mouse button or press the Space Bar to display the answers.
What is it? Money coming in that you can spend.
Section 3A - continued Uses and Abuses of Percentages Pages
2.5 Application of Percents. Key words: –“of” means “multiply” –“is” means “= ” –“what number?” means “x” To convert a decimal number to %, move the decimal.
A salesperson earns $300 per week, plus $85 for each sale they make that week. If they want to earn at least $1,000 for the week, how many sales do they.
© T Madas. Planet Electrics Ltd buys each DVD player for £120 and re-sells it for £150. What is the percentage profit in this transaction? Purchase price:
CAHSEE PREP. Session 1 Number Sense Chapter 1 OFL Prep Sessions.
Percentages Conversion between % Fractions and Decimals Percentages using a calculator Percentage rise (Increase) Percentage fall (Decrease) Percentage.
Interest and Discounts
Percentages. Percentages - VAT 1. Valued Added Tax (VAT) is a tax that is charged at a rate of 17½ of an items initial cost. Calculate the VAT that is.
Contents 1.1 Percentages 1.2 Percentage Change 1.3 Profit and Loss 1.4 Discount 1.5 Interest 1 Percentages Mr. Bloom, Monroe H.S.
A percentage change is a way to express a change between the old value and the new one (which is the extent to which something gains or loses value.)
Sales Tax, Discounts, and Commissions Section 6.7.
Percentages 17/10/ October Contents Converting between Fractions Decimals and Percentages Finding a Percentage Profit & Loss Reverse Percentages.
Percentage Increases and Decreases Saturday, 17 October 2015.
20% of 50 is what number? THE 3 TYPES OF BASIC PERCENT PROBLEMS.20( )50=x 10 = x Number is 10 x = number 30% of 90 is what number? x = number.30( )90=x.
Percentages. Convert into a percentage Answer 40%
Using %s (I) NON-CALCULATOR Many % s can be found without a calculator if we remember the following simple connections. (1) 50% = ½. (2) 25% = ¼. (3) 10%
Profit & Loss 04/06/ June Profit & Loss 2 types of question Type 1 - A car was bought for 1200AED and was later sold at a 15% profit, how.
Compound Interest Amount invested = £3000 Interest Rate = 4% Interest at end of Year 1= 4% of £3000 = 0.04 x £3000 = £120 Amount at end of Year 1= £3120.
Lesson 5-7 Percent of Change. Definitions Percent of Change- A ratio of change that compares the change in quantity to the original amount. Percent of.
Percentage of a quantity With a calculator Example What is 23% of 40 kg.
Sub topic and formula :  Percentage of increase, increase in value and final value.  Percentage of decrease, decrease in value and final value.  Profit.
PERCENTAGES 1. Percentage means parts of 100. To change a fraction or decimal to a percentage, multiply by 100. Example Write abas percentages. a b.
Percent of change On the first day of school, Wilson Middle School had 470 students attend. On January 2 our enrollment was 504 students. How can we describe.
Copyright © 2012, 2009, 2005, 2002 Pearson Education, Inc. Chapter 5 Percent.
Simple and Compound Interest Simple Interest I = Prt Compound Interest A = P(1 + r)
MEANING OF PERCENT A ratio of a number to 100 is called a percent. Percent means per hundred, and is represented by the symbol %. Any ratio with 100 as.
Finding a percentage of an amount….. without a calculator!
Commission is a fee paid for services, usually a percentage of the total cost. Jack’s Gallery sold Carole’s painting for $500 so Carole paid the gallery.
March 9, 2015 What are we doing today? 8.7 – More Applications of Percents -Lecture and Vocabulary (Pg. 428) -HW – Pg # 1 – 8 all Due: Tomorrow Target.
1) New Value = €40 Multiplier = = 80%  0.8 New Value = Original Value x Multiplier 40 = OV x ÷ 0.8 = OV OV = €50 Ipod was originally €50!
Find the percent of increase or decrease to the nearest percent. 1.) From 1 to ) From 162 to ) From 16 to 22 1 – = 38% D 177 – 162.
Simple Interest. is money added onto the original amount saved (earned) or borrowed (charged). Simple Interest: Video below!
PERCENTAGES Percentages Equivalence to decimals and fractions Percentage of Percentage Increase and decrease.
Mathsercise-C Ready? Percentages 1 Here we go!.
INCOME TAX When you are paid a salary, an amount will be deducted and sent to the government to pay for facilities. This is called income tax, and the.
Tax, Tip, Commission SB 11-2 Pages
Percents Review 1. Simple Problems Involving Percentages
PERCENTAGE INCREASE/DECREASE
1 Percentages Contents 1.1 Percentages 1.2 Percentage Change
Two important things when working with percentages are:
Multiply and Divide by 10, 100 and 1000
New Value = €40 Multiplier = = 80%  0.8
Do now: Frances bought a car for £9 950.
RP Part 2 SBAC Review.
Multiply and Divide by 10, 100 and 1000
Percentages 23 May /05/2019.
Successive Percentage Changes
Starter Francesca used to earn £350 per week. Her pay rises to £ Frank used to earn £320. His pay rises to £ Who has had the greatest percentage.
Presentation transcript:

Finding the original percentage Example This year Susan was given a 5% pay rise. If Susan earned £540 per week last year how much more will she get in her pay packet this year? Amount = 105% of 540 = 1.05 x 540 = £567 In reversing the process be aware of the mistake below that most usually make! Amount = 95% of 567 = 0.95 x 567 = £ What we should have said is Amount = 105% of original = 1.05 x original = £567 original = £567  1.05 = £540

Finding the original percentage Always use the following formula : New value = Percentage of Original value Or New value = Percentage x Original value

Example After a pay rise of 5% Peter’s weekly pay is £126. How much did he earn before the rise? New value = Percentage x Original value Amount = 105% of original = 1.05 x original = £126 original = £126  1.05 = £120

Example An electric toaster is offered in a sale at £32, after a reduction of 20%. What was the original price? Amount = 80% of original = 0.80 x original = £32 original = £32  0.8 = £40

Example During a Grand Prix race, the tyres on a car are reduced in weight by 3%. If they weigh 388 kg at the end of the race, how much did they weigh at the start? Amount = 97% of original = 0.97 x original = 388 original = 388  0.97 = 400 kg

Example The population of Villanova has increased by 63% during the last five years and is now What was its population five years ago? Amount = 163% of original = 1.63 x original = original =  1.63 =

Example The price of houses in Villanova has increased by 18% during the last year. If the house costs $ now, what would it have cost a year ago? Amount = 118% of original = 1.18 x original = $ original =  1.18 = $

Example The purchase price of a watch is £ If this includes VAT at 17½%, find the price before VAT was added. Amount = 117.5% of original = x original = original =  = £60

Example A car, which failed its MOT test, was sold for £585, thereby making a loss of 35% on the cost price. What was the cost price? Amount = 65% of original = 0.65 x original = £585 original = 585  0.65 = £900

Example The attendance of Burnley football club fell by 7% in If 2030 fewer people went to matches in 2001, how many went in 2000? Amount = 7% of original = 0.07 x original = 2030 original = 2030  0.07 =