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Ratio
Comparison of two quantities
Proportion
Equation showing two ratios are equal
Solve proportion
Cross multiply and divide
Rate
Ratio comparing different units
Unit rate
Rate per 1 unit
Percent
Out of 100
Percent to decimal
Move decimal left two places
Decimal to percent
Move decimal right two places
Fraction to percent
Divide numerator by denominator, then ×100
Percent to fraction
Write over 100 and simplify
Percentage formula
Part = Whole × Percent
Find part
Whole × Percent
Find whole
Part ÷ Percent
Find percent
Part ÷ Whole
Percent increase
(New − Old) ÷ Old × 100
Percent decrease
(Old − New) ÷ Old × 100
Markup
Cost × Percent added
Markdown
Original price × Percent decreased
Sales tax
Price × Tax rate
Discounted price
Original price − Discount
Final price with tax
Price + (Price × Tax)
Simple interest
I = P × R × T
Principal
Starting amount of money
Rate
Interest percentage
Time
Duration money is borrowed
Mixture problem
Combine amounts using weighted averages
Proportion setup
a/b = c/d
Scale factor
Ratio used to enlarge or shrink
Direct variation
y increases as x increases
Inverse variation
y increases as x decreases
Solve direct variation
y = kx
Solve inverse variation
y = k/x
Probability
Favorable ÷ Total outcomes
Odds
Favorable : Unfavorable
Change percent to multiplier
20% increase = ×1.20
Decrease percent to multiplier
20% decrease = ×0.80
Convert ratio to fraction
a:b = a/b
Convert fraction to ratio
a/b = a:b
Proportion word clue “is to”
Means use a ratio
Proportion clue “out of”
Represents a fraction
Percent clue “of”
Multiply
Percent clue “what”
Indicates unknown value
Successive percent changes
Apply multipliers sequentially
Increase followed by decrease
Does not return to original
Decrease followed by increase
Does not return to original
TEAS trap: Percent change uses old value
Always old value in denominator
TEAS trap: Cross multiply only works with proportion
Must be ratio = ratio
TEAS trap: 50% off then 50% off again
Not free; becomes 25% of original
TEAS trap: Percent of a percent
Multiply the percentages