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Calculating percentages mentally
We can use percentages that we know to find other percentages. Suggest ways to work out: 15% 20% 30% 60% 1% 10% 75% 100% Discuss how the percentages on the board could be calculated mentally. For example, to find 20%, find 10% and double the answer or find 1/5 by dividing by 5. To find 17.5% we can find 10%, half that answer to find 5% and half that answer to find 2.5%. Adding these together give 17.5%. Mention that this is the percentage used to find VAT. For example, to work out 17.5% of £42: 10% of £48 is £4.80, 5% of £48 is £2.40, 2.5% of £48 is £1.20, 17.5% of £48 is £ £ £1.20 = £8.40. 35% 15% 5 %
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Recap: Percentages of Amounts Calculate the percentage
of each amount as asked.
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Find . . . 10% of £460 £46
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Calculate . . . 20% of 180 36
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Work out . . . 40% of 70 28
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Find the answer to . . . 25% of 80 20
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Evaluate . . . 70% of 50 35
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Evaluate . . . 5% of 500 25
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Find . . . 60% of 40 24
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Work out . . . 80% of 90 72
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Percentage Increase/Decrease
Increase £ by 10% 10% of = ÷ 10 = £2400 £ £2400 Total = £26 400
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Visit each shop and work out the new price of each item Some need to be discounted Some need to be increased
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£20 000 £75 £4 500 £4 500 20% Increase 1.2 £5 400 £20 000 20% Increase
Multiplier £4 500 20% Increase 1.2 £5 400 £20 000 20% Increase 1.2 £24 000 £75 20% Increase 1.2 £90
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25% off selected products £8 £2 £9 £2 0.75 £1•50 £8 0.75 £6 £9 0.75
25% off selected products £9 £8 £2 % Increase/ decrease % Amount (£) New cost of item Cost of item Multiplier Cereal Variety Pack £2 25% Decrease 0.75 £1•50 Chocolate Cake £8 25% Decrease 0.75 £6 Transformers DVD £9 25% Decrease 0.75 £6•75
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15% reductions £60 £25 £50 Clothing £25 0.85 £21•25 £50 0.85 £42•50
15% reductions £25 £50 £60 % Increase/ decrease % Amount (£) New cost of item Clothing Cost of item Multiplier T-shirt £25 15% Decrease 0.85 £21•25 Jeans £50 15% Decrease 0.85 £42•50 Trainers £60 15% Decrease 0.85 £51
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all outdoor sports equipment
30% off all outdoor sports equipment £30 £15 £13 % Increase/ decrease % Amount (£) New cost of item Cost of item Multiplier Cricket Set £30 30% Decrease 0.7 £21 Football £13 30% Decrease 0.7 £9•10 Football Gloves £15 30% Decrease 0.7 £10•50
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Utility Bill Increase Rates
British Gas % EDF Energy % TV Licence % % Increase/ decrease % Amount (£) New cost of item Cost of item Multiplier British Gas Bill £302•41 5% Increase 1.05 £317•53 EDF Energy Electricity Bill £56•66 6% Increase 1.06 £60•06 TV licence £116 5% Increase 1.05 £121•80
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£2550 £740 Banking Interest Rates Halifax Current Account 1% NatWest Current Account 2% Lloyds Current Account 0•5% Halifax Savings Account 3% NatWest Savings Account •5% Lloyds Savings Account % £150 % Increase/ decrease % Amount (£) New cost of item Cost of item Multiplier Halifax - Current Account £740 1% Increase 1.01 £747•40 Lloyds - Savings Account £2550 3% Increase 1.03 £2626•50 NatWest - Current Account £150 2% Increase 1.02 £153
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