A percentage is simply a number expressed as a fraction of 100. Knowing a few mental math tricks makes percentage calculations much faster.
Key Tricks
- 10% rule: move the decimal point one place left (10% of 350 = 35)
- 5%: halve your 10% result (5% of 350 = 17.5)
- 15% tip: find 10%, then add half of that (10% + 5%)
- Percentage of a number: multiply by the decimal (25% of 80 = 0.25 × 80 = 20)
Common Uses
Calculating VAT (20%): multiply the price by 1.2. Finding a discount: multiply the original price by (1 − discount fraction). For example, 30% off £60 = 60 × 0.7 = £42.
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