What is a percentage?

What is a percentage?

Understanding Percentages

  • A percentage is a common way of expressing a proportion or a part of a whole.
  • It represents a number as a fraction of 100.

The Concept of Percentages

  • The term ‘percent’ comes from the Latin ‘per centum’, which means ‘per hundred’.
  • When a value is expressed as a percentage, it means that value per hundred units of the whole.
  • For example, 25% means 25 out of 100.

Calculating Percentages

  • To calculate a percentage, convert the fraction or decimal into a number over 100.
  • For instance, to calculate 15% of 60: first convert 15% into decimal, i.e. 15 ÷ 100 = 0.15. Then, multiply 0.15 by 60 = 9. So, 15% of 60 is 9.

Common Uses of Percentages

  • Percentages are used in various contexts, such as calculating discounts, grades, interest rates and growth or decrease rates.
  • For instance, if a shop offers a 20% discount on a £50 shirt, it means you will pay £50 less 20% (£10), totalling £40.

Converting Between Fractions, Decimals, and Percentages

  • You can convert fractions to percentages by dividing the numerator by the denominator and multiplying by 100.
  • Convert decimals to percentages by multiplying by 100 and adding the ‘%’ symbol.
  • For instance, 0.20 as a percentage is 20%, while the fraction 1/5 is equivalent to 20% when expressed as a percentage.

Problem Solving with Percentages

  • Solving problems involving percentages requires multiplication, division, addition and subtraction, and sometimes involves fractions and decimals.
  • You may need to calculate percentage changes, increases or decreases or find the original quantity given the changed amount and the percentage change.
  • It’s crucial to ensure you are comfortable with these types of problem-solving tasks involving percentages. Practise a variety of problems to improve your skill set.