The Basic Formula
Percentage = (Part ÷ Whole) × 100
To find what X% of a number is: Number × X ÷ 100
Common Calculations
- 1
Find X% of a number
Multiply the number by the percentage, then divide by 100. Example: What is 20% of 250? 250 × 20 ÷ 100 = 50. On a calculator: enter 250 × 0.20 = 50. (Convert the percentage to a decimal by dividing by 100: 20% = 0.20, 15% = 0.15, 7.5% = 0.075.)
- 2
What percentage is X of Y?
Divide X by Y, then multiply by 100. Example: What percentage is 30 of 120? 30 ÷ 120 = 0.25 × 100 = 25%. So 30 is 25% of 120.
- 3
Percentage increase or decrease
((New Value − Old Value) ÷ Old Value) × 100. Example: price went from $80 to $100. Increase = (100 − 80) ÷ 80 × 100 = 25% increase. If price dropped from $100 to $80: (80 − 100) ÷ 100 × 100 = −20% (a 20% decrease).
Quick Mental Maths Tricks
- 10%: Move the decimal one place left. 10% of 350 = 35.
- 5%: Find 10% then halve it. 5% of 350 = 17.5.
- 20%: Find 10% then double it. 20% of 350 = 70.
- 25%: Divide by 4. 25% of 350 = 87.5.
- 50%: Divide by 2. 50% of 350 = 175.
- 15%: Find 10% + half of 10%. 10% of 350 = 35, half = 17.5, total = 52.5.
- 1%: Move decimal two places left. 1% of 350 = 3.5. Then multiply for any percentage.
Everyday Examples
- GST (10% in Australia): Multiply price by 1.10 for GST-inclusive price. To find GST in a price: divide by 11.
- Discount: 30% off $120 = $120 × 0.70 = $84. (Multiply by what remains: 100% − 30% = 70% = 0.70.)
- Pay rise: 4% raise on $75,000 = $75,000 × 0.04 = $3,000 raise. New salary = $78,000.
- Interest: 5% annual interest on $10,000 = $10,000 × 0.05 = $500 per year.