Simplify calculation of a deductible rate |
To deduce a percentage, I often see students or salespeople tapping away at their calculators, then getting bogged down trying to string together three consecutive arithmetic operations. With a little oral preparation, it would be simpler for them to perform just one multiplication on their machine. Value of a percentage, usual calculationTo take, for example, the 5% of $87, we can
The calculation required two arithmetic operations: multiplication and division. Value of a percentage, simplified calculationTo take, for example, the 5% of $87, we can
To summarize : \[5 \% = \frac{5}{100} = 0.05 \]and taking the 5% from 87 is achieved by multiplying \[5 \% \times 87 = 0.05 \times 87 = 4.35 \]Deduction of a percentage, usual calculationTo deduct the 5% of $87, for example, you can
This required three arithmetic operations: multiplication, division and subtraction. If it's not the final value that needs to be calculated, but the percentage increase or decrease, the Percentage Increase Calculator will be appropriate. Deduction of a percentage, simplified calculationTo deduct the 5% of $87, for example, we can
With this approach, the calculator was used for just one arithmetic operation: multiplication, which increases speed and reduces the risk of making a mistake. To remember
Mathematical formulationThe simplified calculation is based on the mathematical concept of the variation factor, also known as the growth or decrease factor, depending on the context. When a quantity changes from an initial value to a final value, the variation factor is the number by which the initial value must be multiplied to obtain the final value. \[ \begin{equation*} \begin{aligned} t &= \text{percentage} \\ i &= \frac{ t }{ 100 } = \text{rate} \\ r &= 1 + i = \text{variation factor} \\ (\text{final value}) &= r \times (\text{initial value}) \end{aligned} \end{equation*} \]These formulas show, for example, that a 100% increase corresponds to a doubling in value : t = 100, i = 1 and r = 2. Numerical example with a negative rate expressing a decrease : \[ \begin{equation*} \begin{aligned} t &= -5 = \text{percentage}\\ i &= -0.05 = \text{rate} \\ r &= 0.95 = \text{variation factor} \\ 82.65 &= 0.95 \times 87 \end{aligned} \end{equation*} \]
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