Percentages Made Easy: Fractions and Successive Changes
Fraction-percentage equivalents to memorise, and shortcuts for successive percentage changes that appear in nearly every quantitative section.
Percentages underpin profit and loss, data interpretation, interest and more. Master a few equivalents and one formula, and many questions become quick.
Fractions and their percentages
| Fraction | Percentage |
|---|---|
| 1/2 | 50% |
| 1/3 | 33.33% |
| 1/4 | 25% |
| 1/5 | 20% |
| 1/6 | 16.67% |
| 1/7 | 14.28% |
| 1/8 | 12.5% |
| 1/9 | 11.11% |
| 1/10 | 10% |
| 1/12 | 8.33% |
Use them to switch between fraction and percentage: 12.5% of 800 is 800 ÷ 8 = 100.
Finding a percentage quickly
- 10%: move the decimal one place left.
- 5%: half of 10%.
- 15%: 10% + 5%.
- 25%: divide by 4.
Example: 15% of 240 = 24 + 12 = 36.
Percentage change
Percentage change = (change ÷ original) × 100.
A price rising from 400 to 500 is 100 ÷ 400 = 25% up.
Successive changes
For two changes of a% and b%, the net change is:
a + b + (a × b) / 100 (use negatives for decreases).
- +20% then −10%: 20 − 10 − 2 = +8%.
- +10% then +10%: 10 + 10 + 1 = +21%.
- −20% then −20%: −20 − 20 + 4 = −36%.
Same percentage up and down
If a quantity rises by x% and then falls by x%, the net change is a loss of x²/100 percent.
- Up 10% then down 10%: net −1%.
- Up 20% then down 20%: net −4%.
Reversing a percentage
If a price after a 25% increase is 500, the original is 500 ÷ 1.25 = 400.
Common traps
- Percentage of what? Always identify the base.
- Percentage points versus percent. A rise from 10% to 15% is 5 percentage points, or 50% more.
- Do not add successive percentages directly.
Practice
Try five short percentage questions daily. Speed comes from familiarity with the table above.
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