Multiplying
compares part of a quantity to the hole quantity using a percent
find 10% * it by 2 find 1 percent * it by 2 add together
2/10=0.2 <1 the good is price inelastic
The quantity is decreasing.
Multiplying
Multiplying
Multiplying
4% of 50 is 2
Multiply the quantity by the percentage and divide by 100. So, to find 45% of 180, calculate (180*45)/100
Usually you compare two quantities, to find out how much percent one is of another. The second quantity is often a total, but it need not be so. Divide the first quantity by the second, and multiply the result by 100, to get the percentage.
9.5% is the same as 0.095 and so multiply this by the required quantity
compares part of a quantity to the hole quantity using a percent
To find 30% of a given quantity, you multiply that quantity by 0.30. If you provide the quantity in ounces, I can calculate 30% of it for you.
find 10% * it by 2 find 1 percent * it by 2 add together
With great difficulty - if the given quantity is 2, for example.
The percent decrease is calculated by taking the difference between the original quantity and the new quantity, dividing it by the original quantity, and then multiplying by 100. In this case, the percent decrease would be (10 - 3) / 10 * 100 = 70%.