Fractions, Decimals, Percents Flashcards
Percentage:
Percentage:
If questions is x is what percent of y, calculation is: x/y
E.g. profit of year 1 is 10, profit of year 2 is 12.
Question: Profit of year 2 is what percent of profit of year 1? 12/10 = 1.2
To convert to percent, multiply by 100: 1.2 x 100=120
What Percent Really Means:
If 75% of the students like chocolate ice cream what that means is that out of every 100 students 75 like chocolate ice cream.
100% of something means 100/100. Therefore 100% = 1
Re-expressing Fractions:
Re-expressing Fractions:
If something costs 1/3 less than a specific amount then another way of expressing it is it costs 2/3 of that specific amount.
Subtracting Fractions:
Subtracting Fractions:
If someone spent 5 dollars of a total saving of 12 dollars, the remaining amoung expressed in a fraction is:
7/12
Translating decimal numbers into fractions:
Translating decimal numbers into fractions:
- 5 = ½
- 8 = 4/5
- 25 = 5/4
Translating percentages into decimal numbers:
Translating percentages into decimal numbers:
- If x is 12.5% higher than y, then: x = y * 1.125 (because it’s 100% plus another 12.5 percent higher)
- if x is 80% higher than y, then: x = y*1.8
To re-express percents as decimals move the decimal point to the left two spaces:
525% = 5.25 52.5% = 0.525
Ratio:
Ratio:
E.g. if ration of 3x to 8y is 5 to 7
Translated into: 3x/8y = 5/7
e.g. if ratio of men to women in office is 3:4, then the number of men divided by number of women is 3/4, or 0.75. I.e. there are 0.75 men for every woman.
Comparing Positive Fractions in Arithmetic:
If the numerators are the same, the fraction with the smaller denominator will have the larger value since the numerator is divided into a smaller number of parts.
E.g. 4/5 > 4/7
If the denominators are the same, the fraction with the larger numerator will have the larger value.
E.g. 5/8 > 3/8
If neither the numerators nor the denominators are the same, express all fractions in terms of some common denominator. Or multiply the numerator of the left fraction by the denominator of the right fraction and vice versa. Compare the products. If the left product is greater, then the left fraction was greater to start with.
E.g. if 5/7 and 9/11
Compare 55 x 11 and 9 x 7
Because 55 5/7
Another way when finding the common denominator seems time consuming is to convert the fraction into decimals or percents.
E.g. 5/8, 2/3, and 7/11
5/8 = 0.625 , 2/3 = 0.666 , 7/11 = 0.6363
That means: 5/81/2 and 33/6833/68.
Common Fraction-to-Decimal Equivalencies:
Common Fraction-to-Decimal Equivalencies:
MEMORIZE THESE!
1/2 = 0.5 50% 1/3 = 0.333... 33.3% 1/4 = 0.25 25% 1/5 = 0.2 20% 1/6 = 0.166... 16.7% 1/7 = 0.143 1/8 = 0.125 12.5% 1/9 = 0.111... 11.1% 1/10 = 0.1 10% 1/11 = 0.0909... 1/20= 0.05 5% 1/25= 0.04 4% 1/50= 0.02 2% 1/100= 0.01 1% 2/3 = 0.666... 66.7% 2/5 = 0.4 40% 2/7 = 0.286 2/9 = 0.222... 2/10 = 0.2 2/11 = 0.1818... 3/2 = 1.5 150% 3/4 = 0.75 75% 3/5 = 0.6 60% 3/7 = 0.429 3/8 = 0.375 37.5% 3/10 = 0.3 30% 3/11 = 0.2727... 4/3 = 1.333... 133% 4/5 = 0.8 80% 4/7 = 0.571 4/9 = 0.444... 4/10 = 0.4 4/11 = 0.3636... 2/5 = 2.5 5/3 = 1.666... 5/4 = 1.25 125% 5/6 = 0.8333... 83.3% 5/7 = 0.714 5/8 = 0.625 62.5% 5/9 = 0.555... 5/10 = 0.5 5/11 = 0.4545... 6/5 = 1.2 6/7 = 0.857 6/10 = 0.6 6/11 = 0.5454... 7/2 = 3.5 7/3 = 2.333... 7/4 = 1.75 175% 7/5 = 1.4 7/6 = 1.1666... 7/8 = 0.875 87.5% 7/9 = 0.777... 7/10 = 0.7 70% 7/11 = 0.6363... 8/3 = 2.666... 8/5 = 1.6 8/7 = 1.143 8/9 = 0.888... 8/10 = 0.8 8/11 = 0.7272... 9/2 = 4.5 9/4 = 2.25 9/5 = 1.8 9/7 = 1.286 9/8 = 1.125 9/10 = 0.9 90% 9/11 = 0.8181...
Mixed Numbers in Arithmetic:
Fractions where the numerator is greater than the denominator may be converted into a mixed number consisting of an integer and a fraction.
Decimals in Arithmetic:
Decimals can be converted to common fractions with a power of 10 in the denominator.
E.g. 0.053 = 53/10^3 = 53/1000
Digits in specific places on the GMAT:
Memorize the places of digits:
2,678,891,315.2467
2 = billions 6 = millions 7 = millions 8 = millions 8 = thousands 9= thousands 1 = thousands 3 = hundreds 1 = tens 5 = units 2 = tenths 4 = hundredths 6 = thousandths 7 = thousandths
When a GMAT question specifies that a variable is a digit, the only possible values are the integers 0 to 9.
In the number 452 you have two ones, five tens, and 4 hundreds. So you can rewrite the number as:
4x100 + 5x10 + 2x1 = 452
In the number 0.8347:
8 is in the tenth place, giving it the value of 8 tenths, or 8/10
3 has the value of 3 hundredths, or 3/100
4 has the value of 4 thousandths or 4/1000
7 has the value of 7 ten-thousandths or 7/10000
- 8 can be expressed as eight tenths of a dollar, or 8/10 of a dollar or 80/100 or 80 cents.
- 03 can be expressed as three hundredths of a dollar, or 3/100 or 3 cents.
Comparing Decimals in Arithmetic:
To compare decimals find out which denominator you need (10, 100, 1000 etc.) and add zeros after the last digit to the right of the decimal point until all the decimals have the same number of digits. That makes sure that all fractions have the same denominator.
E.g. compare 0.7 to 0.077
means compare 700/1000 to 77/1000
Adding and Subtracting Decimals in Arithmetic:
When adding or subtracting decimals make sure that the decimal points are lined up, one under the other.
Multiplying decimals:
To multiply two decimals, initially multiply them as you would integers and ignore the decimal places. The number places in the product will be the sum of the number of decimal places in the factors that are multiplied together.
E.g. 0.675 x 0.42
multiply 675 by 42 and then add 5 decimal points counting from right to left.
Dividing decimals:
Method 1: First move the decimal by as many point as needed for both values so that the divisor (the number that a the other number is divided by) becomes an integer. This doesn’t change the value of the quotient. Then carry out the division as you would with integers.
E.g. if 0.675/0.25
then: 67.5/25
Method 2: Turn division problem into fraction. It is best when the numbers have common factors. Move the decimal point in numerator and denominator an equal number of places until the fraction is only made out of integers. Then cancel common factors.
E.g. 0.675/0.25
make it: 675/250 = 27/10 = 2.7
Base of 10:
The exponent of a base of 10 tells you how many zeros the number would contain if written out:
E.g. 10^6 = 1,000,000 (6 zeros)
When multiplying a number by a power of 10, move the decimal point to the right the same number of places as in the exponent, i.e. the number of zeros in that power of 10.
E.g. 4 x 10^4 = 40,000
When dividing by a power of 10, move the decimal point the corresponding number of places to the left.
E.g. 4/10^4 = 0.0004
Note: dividing by 10^4 is the same as multiplying by 10^-4.
Ratios:
A ratio is a comparison of two quantities by division.
Ratios can be written as:
Fraction x/y
with colon (x:y)
in English “the ratio of x to y”
Ratios should be reduced to lowest terms just like fractions:
16/12 = 4/3
In a ratio of two numbers the numerator is often associated with the word “of” and the denominator with the word “to.”
Ratio: of…/to….
Ratios With More Than Two Terms:
GMAT questions with three or more ratios are represented with colons.
E.g. x:y:z
They are governed by the same principles as two-term ratios. They are usually ratios of various parts and the sum of them is usually the whole.
E.g.
x: (x+y+z) = x/(x+y+z)
y: (x+y+z) = y/(x+y+z)
etc.
You can also determine various two-term ratios among the parts given in ratios with more than two parts.
E.g.
x: y = x/y
x: z = x/z
etc.
And you can find ratios of one variable to a combination of two others.
E.g.
x = ratio of children
y = ratio of men
z = ratio of women
i.e. ratio of children to adults: x:(y+z) or x/(y+z)
Ratio vs. Actual Numbers:
Don’t forget that a ratio is reduced to it’s simplest form. If ratio of games won to lost is 5:3 it doesn’t necessarily mean that team has won exactly 5 games, it could be 50 games won and 30 games lost. Unless you know the actual number of games played, or games won or lost, you can’t know the actual values of the ratio.
E.g. if in a class of 30 students the ratio of boys int class to students in class is 2:5 then the number of boys in class is:
ratio boys/ratio students multiplied by number of students:
2/5 x 30 = 12
But remember: if you are given one value, you can make deductions about other values, set up equations and solve for the other values.
E.g. A homecoming party at a college is initially attended by students and alumni in ratio of 1:5. Later 36 students come and the ratio changes to 1:2. If number of alumni didn’t change, how many people were there at the beginning of the party?
Let’s make x the total number of students.
Beginning of party: 1x:5x (S:A)
Later: 1x:2X
1(x + 36): 2(x + 36)
x + 36 : 2x + 27
Now you have two equations for A that are the same:
5x and (2x + 72)
You can now write the equation:
5x = 2x + 72 x = 24
That means at the beginning there were 24 students, (24x5) Alumni, and altogether 144 people.
Finding Part or Whole Values in Ratios:
If you are not given the actual values of parts of the ratio or of the whole number, you can still find the solutions by setting up and solving equations. Here it’s important to remember:
The actual number will always equal the figures in the ratio multiplied by the same (unknown) factor.
E.g. in a shop the ratio of used to new cars is 2:5. The actual number of the cars is not given but we know that it will equal the figures in the ratio multiplied by an unknown.
I.e. used: 2x new: 5x
That means if there are 20 used cars there will be 100 new cars.
Guessing With Ratios:
Many GMAT ratio questions involve things like students, women, children, cars etc. All of these can only exist as integers. If that’s the case the factor by which the ratio is multiplied to become an actual number must be an integer as well.
I.e. if used cars:new cars = 2:5
You know the actual number of used cars is 2x and actual number of new cars is 5x. You also know that x can only be an integer because there is no 1/2 car or so.
Therefore a great tip here: The actual number of something must be a multiple of its value in the ratio.
I.e. the actual value of used cars is a multiple of 2, actual value of new cars is multiple of 5 and actual value of all cars in the shop is a multiple of 7 (5+2). Knowing that can help you get to the right answer by just looking at the answer choices without doing any math.
Ratios and Quantities:
Remember not to confuse ratios and quantities. In ratio questions, if you change the actual quantities through multiplication or division, the resulting ratio is the same, regardless of the starting values of the quantities.
E.g. 2:3 is the same as 12:18 (multiplied by 6)
But: The same ratio may not be preserved if you add or subtract from the quantities.
E.g. 2:3 adding 6 on both sides makes it: 8:9 which is not the same ratio as 2:3.
Solving Ratio Questions on GMAT:
Remember: Without the actual value of the whole or one of the quantities’ value in a ration, you can’t determine the new values.
Percents on GMAT:
Percent is just another word for “per one hundred.”
E.g. 19% is the same as:
19/100
0.19
19 out of every 100 things.
Percent Formula for Converting Among Percents, Decimals, Fractions and Ratios:
Percent = Part/Whole x 100%
Remember: Multiplying by 100% is the same as multiplying by 1 as 100% is 1. That means multiplying by 100% will not change the number.
Converting Decimal or Fraction into Percent:
Multiply by 100%. (Since multiplying by 100% is same as multiplying by 1 it won’t change the number). Another way to say this: Concert decimals into percents by moving the decimal point to the right two spaces.
E.g. 0.17 x 100% = 17%
1/4 x 100% = 25%
- 6 = 60%
- 28 = 28%
Converting Percent into Fraction:
Divide by 100%. (Since multiplying by 100% is same as multiplying by 1 it won’t change the number)
E.g. 32% = 32%/100% = 32/100 = 8/25
1/2% = 1/2%/100% = 1/2 x 1/100 = 1/200
Percent Increase and Decrease:
Formulas:
Percent Increase = Amount of increase/Original Whole x 100%
Percent Decrease = Amount of decrease/Original Whole x 100%
New Whole = Original whole +- Amount of Change
Remember: Always put the amount of increase or decrease over the original whole, not over the new whole.
Also, read the question correctly to make sure you are really looking for the percent increase. If the question says “increase” then the percent increase is probably what they are looking for. Otherwise they might be looking for what percent of the original the new amount is which is something different. (that would be calculated by “Original Amount x Y%/100 = New Amount)
(Whenever you’re calculating a percent “discount” you’re actually calculating a percent “decrease”)
E.g. the price of a cup of coffee is increased from 80 to 84 dollars. What is the percent increase?
4/80 = 1/20 = 5/100 = 5%
You may also be asked for the final price. Then the calculation is a bit different.
E.g. If the price of a $30 shirt is decreased by 20%, what is the final price of the shirt?
There are different ways of calculation this. One way:
New Percent = New Value/Original Value.
If something is decreased by 20% the new price is 100-20 = 80% of the original price. So:
80/100 = x/30 80x30/100 = x 24 = x