percentages: Flashcards

1
Q

one amount as a % of the other amount (wants answer as a %):

A

a as a percentage of b
a/b x 100
-look for the words as a percent of

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2
Q

percentage gain/loss (wantes answer as a %):

A

difference/original x 100
-looks for the words percentage gain/loss/increase/decrease

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3
Q

find percentage of an amount:

A

%/100 x amount

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4
Q

given % of an amount, find the full amount:

A

given amount/%/100

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5
Q

increasing/decreasing by a %:

A

amount (1+- %/100)
+ if increase
-if decrease

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6
Q

given % of an amounr after amount has been added or subtracted, find the full amount:

A

amount/1+-%/100
+ if increase
- if decrease
-look for the words originally, at the beginning, before…

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7
Q

simple interest (interest on initial amount):

A

amount + (amount x %/100 x time)
interest = amount x %/100 x time
-note: make sure t and % are the same unit of time

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8
Q

compound interest (interest added also earns interest):

A

FV = PV (1 + r/100)ᵗ
FV = future value, PV = present value
t = time, r = interest rate

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