Percentage Problem - Intermediate Algebra - Lecture Handout, Exercises of Algebra

It is the Lecture Handout of Intermediate Algebra which includes Intercepts of Equations, Parallel Line Equation, Percentage Problem etc. Key important points are: Percentage Problem, X and Y Axes, Simple Arithematic Operations, Attached Number, Preposition

Typology: Exercises

2012/2013

Uploaded on 02/06/2013

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Intermediate Algebra Notes Section 3.3 Name_____________________________
To do ANY percentage problem, I think that it is easier to set up proportions of the following form:
100
is percent
of
Is = the number immediately attached to the verb is
Of = the number immediately attached to the preposition of
You will never have to move a decimal point in this setup. The setup does it for you.
Ex 1: What is 62% of 1200?
Set up the problem using the template above
62
1200 100
100 1200(62)
744
n
n
n
Ex 2: What is 0.2% of 10000?
.2
10000 100
100 10000(.2)
20
n
n
n
pf3

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Intermediate Algebra Notes Section 3.3 Name_____________________________

To do ANY percentage problem, I think that it is easier to set up proportions of the following form:

is percent of

Is = the number immediately attached to the verb is Of = the number immediately attached to the preposition of

You will never have to move a decimal point in this setup. The setup does it for you.

Ex 1: What is 62% of 1200?

Set up the problem using the template above 62 1200 100 100 1200(62) 744

n

n n

Ex 2: What is 0.2% of 10000?

. 10000 100 100 10000(.2) 20

n

n n

Ex 3: 425 is 85% of what number?

425 85 100 85 425(100) 500

n n n

Ex 4: 1950 is what % of 5000?

1950 5000 100 5000 1950(100) 39

n

n n

Day 2 Notes:

Ex 1: A real estate agent agency receives a commission of $8,900.32 for the sale of a $124,000 house. What % commission is this?

124000 100 124000 8900.32(100) 7.18%

n

n n

Ex 2: A union negotiates a 5.5% annual raise for its members. If a member currently earns $40,323 per year, what will be their new salary? Original value goes in denominator, new value is in the numerator.

40323 100 100 40323(105.5) $42540.

n

n n

We use 105.5% because you originally had 100%, then went up 5.5%.