Real Estate Math Formulas

Question 1

Adding and Subtracting Same Denominator (Fractions)

Answer 1

formula: a/c+b/c=(a+b)/c
example: 1/2+1/2=(1+1)/2=1

Question 2

Adding and Subtracting Different Denominators (Fractions)

Answer 2

formula: a/b+b/d=(ab+bc)/cd
example: 1/2+1/3= (3+2)/6=5/6

Question 3

Multiplying Fractions

Answer 3

formula: (a/c) x (b/d)= ab/cd
example: (2/5) x (4/6)=8/30=4/15

Question 4

Converting Decimals to Percentage (Decimals and Percents)

Answer 4

formula: decimal number x 100= percentage number
example: .00 x 100= 2.2%

Question 5

Converting Percentages to Decimals (Decimals and Percents)

Answer 5

formula: percent number/100=decimal number
example: 2.2/100= .022

Question 6

Multiplying Percents (Decimals and Percents)

Answer 6

formula: 1. percentage/100= decimal number 2. beginning number x decimal number= product

example: 75% of 256 (75%x256)?
1. 75/100=.75
2. 256 x .75=192