Percentages
A percentage is a hundredth of a whole. Learn percentage notation, finding a percentage of a number, recovering the whole from a known part, computing percentage change, and writing an increase or a discount as a single multiplier.
Before you start
This topic builds on earlier ideas. Before you start, it's worth working through the lessons below — they'll make everything click:
- FractionsA fraction writes part of a whole as a numerator and a denominator. Learn equivalent fractions, all four operations on fractions, mixed numbers, comparing fractions and reducing to lowest terms.
- DecimalsA decimal writes part of a whole with a decimal point instead of a fraction bar. Learn place value, converting both ways between a fraction and a decimal, all four operations, rounding and repeating expansions.
Where this is used
Real situations where you count exactly the way this lesson teaches:
- The sales rackA 349 jacket at 30% off costs 349 · 0.7 = 244.30, and the promised "another 20% at the till" is not a 50% discount but 244.30 · 0.8 = 195.44 — 44% off altogether.
- SavingsA 12,000 deposit paying 2.8% a year earns 336 in interest, but 19% of that goes in tax, so 272.16 reaches the account — an effective 2.27% a year.
- RetailA shopkeeper buys at 18 and sells at 30. The same 12 of profit is a 66.7% markup measured against the cost or a 40% margin measured against the selling price — all that changes is which figure counts as the whole.
All formulas
Percentage notation
a percentage is a hundredth of a whole
Percentage of a number
how much p percent of the whole c is
Whole from a known part
given the part and its percentage, recover the whole
Percentage change
positive is an increase, negative is a decrease
Change multiplier
a rise of p% multiplies by 1 + p/100, a discount by 1 − p/100
Two changes in a row
multiply the multipliers; never add the percentages
A percentage is a hundredth of a whole — rather than writing a fraction with a fixed denominator of , we use the sign:
For example:
A percentage is simply another way of writing a fraction whose denominator is always .
Percentage of a number
To find how much percent of a number is, multiply by the fraction :
For example of is:
Whole from a known part
Sometimes you only know a part and what percentage of the whole it represents, and you want the whole. Divide the part by the fraction the percentage represents:
If is of some number, the whole is:
Percentage change
Percentage change tells you how much a value increased or decreased relative to its starting point:
A positive result means an increase, a negative one a decrease. A price rising from to changes by .
Watch out for a common trap: a increase followed by a decrease does not return to the starting point — each percentage is taken from a different (current) base. A increase on gives ; a decrease on gives , not .
The change multiplier
An increase or a discount can be worked out in two steps ("find , then add or subtract it") or in one — by multiplying straight away by the change multiplier:
The is the whole you keep and is the part you add or take away. A rise is therefore a multiplication by , and a discount a multiplication by :
A multiplier also reads backwards: means " of the price", that is a discount, and is an rise. A price of marked down by is one multiplication, , rather than a discount worked out and subtracted separately.
The real gain shows up with several changes in a row. Percentages must not be added there — multipliers may be multiplied:
This is the one-line explanation of the trap in the previous section: a rise followed by a fall gives
that is of the starting value — a drop, not a return to where you began. The product of multipliers is itself a multiplier, so the combined result reads off immediately: off and then another at the till is , a combined discount of rather than .
The same multiplier raised to a power describes a change repeated many times over — that is what compound interest is built on, and it has its own lesson, together with percentage points.
Practice
Work through a set of exercises — they get harder as you go. At the end you'll see your score and the mistakes worth reviewing.
Common mistakes
- Confusing "percentage of a number" with "what percentage one number is of another" — these are two different questions: one multiplies, the other divides.
- Computing percentage change from the new value instead of the old one — the denominator is always the starting value, never the ending one.
- Assuming an increase and a decrease of the same percentage cancel out — they do not, because the base the percentage is taken from changes between the two steps.
- Adding percentages instead of multiplying multipliers — off and another off is , that is , not .
- Confusing a multiplier with a percentage — does not mean " off", it means " of the price", that is off.
Formula card
Topic: Percentages
Percentage notation
a percentage is a hundredth of a whole
Percentage of a number
how much p percent of the whole c is
Whole from a known part
given the part and its percentage, recover the whole
Percentage change
positive is an increase, negative is a decrease
Change multiplier
a rise of p% multiplies by 1 + p/100, a discount by 1 − p/100
Two changes in a row
multiply the multipliers; never add the percentages
