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Quick Formula Reference
What Can You Calculate?
Don't Make These Mistakes
How Do Percentages Actually Work?
Percentage means "per hundred." It comes from the Latin "per centum." When you see 25%, you're looking at 25 per 100, or 25/100, or 0.25. They all mean exactly the same thing: one quarter.
Percentages normalize everything to a common scale. Try this: "I got 45 out of 60 on my test." Hard to judge, right? Now try: "I got 75%." Instant clarity.
Converting Percentages to Decimals
Move the decimal point two places left. That's it.
25% becomes 0.25. Just divide by 100 in your head by moving that decimal. 8% becomes 0.08 (add a zero). 150% becomes 1.50. Once you've got the decimal, you can actually use it in calculations. "What's 25% of 200?" becomes "What's 0.25 × 200?" which is 50.
Converting Decimals to Percentages
Reverse it. Move the decimal two places right and slap a % symbol on it. 0.25 is 25%. 0.5 is 50%. 1.5 is 150%. Simple.
Why Percentages Beat Fractions
Quick: which is better, saving 3/8 of your income or 2/5? Hard to tell. Now: which is better, saving 37.5% or 40%? Obvious.
Percentages put everything on the same scale (0 to 100), making instant comparisons possible. Your brain doesn't need to find common denominators or do fraction division. That's why stores advertise "30% off" instead of "3/10 off" and teachers give you 85% instead of 17/20.
Percentages Over 100%
Yes, this is allowed. 200% means twice the original. 150% means one and a half times. When you hear "sales increased 300%," that means they quadrupled (went to 400% of the original, which is 4× the original). Corporate earnings reports love talking this way, by the way. Makes small gains sound impressive.
Quick Mental Math Tricks
Want to find 10% of anything? Move the decimal one place left. 10% of 450 is 45. Boom.
Want 1%? Move it two places left. 1% of 450 is 4.5.
Want 5%? Find 10% and cut it in half. 5% of 450 is 22.5.
Here's a weird one: 20% of 50 equals 50% of 20. Both equal 10. Percentages are commutative when you multiply. Math is strange.
Percentage Change: The Math That Trips Everyone Up
The formula is ((New - Old) / Old) × 100. That's it. New value minus old value, divided by the old value, times 100. This tells you how much something grew or shrank relative to where it started.
Your rent went from $1,000 to $1,200? That's ((1200 - 1000) / 1000) × 100 = 20% increase.
Positive result means it went up. Negative means it went down. Stock goes from $100 to $120? That's a 20% increase. Stock drops from $120 to $100? That's a 16.67% decrease. Notice those aren't the same number? A 20% increase followed by a 16.67% decrease gets you back to start. The percentages differ because they're calculated from different bases.
Here's what gets people: percentage changes multiply, they don't add. You've got $100. It goes up 20% to $120. Then up another 10%. You might think that's 30% total. Nope. That second 10% applies to $120, not the original $100. You get $120 × 1.10 = $132. The actual total increase is 32%.
Working backwards? You know something costs $150 after a 25% increase. What did it cost before? Divide by (1 + rate): $150 / 1.25 = $120. After a 25% decrease? Divide by (1 - rate): $150 / 0.75 = $200.
Real Situations Where You'll Use This
Your bill is $80. You want to leave 18%. Here's the fast way: 10% is $8. Double that for 20%, which is $16. 18% is between those two, closer to $16. Or just use this calculator.
Sale prices: Shirt is $50 with 30% off. Calculate the discount ($50 × 0.30 = $15 off, so $35 final) or multiply by what remains ($50 × 0.70 = $35). Same answer.
Test scores: Got 42 out of 50 right? (42 / 50) × 100 = 84%.
Comparing stores: Store A has a TV for $500 with 20% off ($400 final). Store B has it for $450 with 10% off ($405 final). Store A wins by $5.
Converting Between Percentages, Decimals, and Fractions
These are all the same thing, just written differently. You'll switch between them constantly.
Percentage to decimal? Divide by 100. Just move the decimal two places left. 25% becomes 0.25. 8% becomes 0.08. Done.
Decimal to percentage? Reverse it. Move the decimal two places right. 0.25 is 25%. 1.5 is 150%.
Percentage to fraction? Write it over 100, then simplify. 25% = 25/100 = 1/4. That's it.
Fraction to percentage? Divide top by bottom, multiply by 100. So 1/4 = 0.25 = 25%.
Memorize these. It'll save you time:
1/2 = 50%. 1/4 = 25%. 3/4 = 75%. 1/3 = 33.33%. 2/3 = 66.67%. 1/5 = 20%. 1/10 = 10%. 1/8 = 12.5%.