BASE RATE PERCENTAGE Flashcards
is a ratio whose second term is 100. It comes from the Latin phrase per centum, which means “for every
hundred.”
PERCENT
T/F
Since percent is a ratio, it can also be expressed as a fraction or decimal.
TRUE
For instance, 12% means “12 per one hundred,” “12 over one hundred,” or “12 hundredths” as illustrated below.
represents the whole or total. It is
the number that usually follows the
phrase “percent of” or “% of”
BASE
WHAT IS PERCENTAGE
is a part of a whole.
or Percent expresses the relationship of the percentage to the base. base. It is the number written with the word
“percent” or with the symbol “%”.
RATE
WHAT IS BASE
represents the whole or total. It is
the number that usually follows the
phrase “percent of” or “% of”
T/F
Knowing the concept of percent will give you an idea of the price of different products when given a certain amount of deduction.
TRUE