A percentage is a ratio where the consequent is 100.
It is denoted by the % symbol and 25% is read as 25 percent which is equal to 25/100 or 0.25.
A motor bike which originally cost $5,000 now costs $250 more. What is the percentage of increase?
5% increase in price
When purchasing a vehicle priced at $8,800, the sales clerk awards a discount of 7.5% to the customer. How much will the final cost of the vehicle be?
100 − 7.5 = 92.5
It can also be calculated as follows:
$8,800 − $660 = $8,140
The price of a computer is $1,200. How much will a customer need to pay in total if the tax is 16%?