Basics of Business Math: Percents

Synopsis
Basics of Business Math: Percents teaches how to calculate percents. It explains how to convert decimals to percents, percents to decimals, fractions to percents and percents to fractions. This course also teaches how to solve word problems involving percentages by using formulas.

Audience
This course is for all who want to improve their math skills.

Time
2 - 5 hours

Product Code: MTH105

After completing this course, the student should be able to:

Convert a decimal to a percent and a percent to a decimal

Convert decimals to fractions, fractions to decimals and fractions to percents

Define the terms base, rate and percentage and identify them in word problems

Solve math problems using percents

Introduction to Percents
Defines the term percent.  Shows how to convert a decimal to a percent and a percent to a decimal.

Learning the Basics
Definition of the term percent.  Explanation of how percents relate to fractions and decimals.  How to calculate percentages.

Equivalents
Shows how to convert between decimals and fractions and between percents and fractions.

Reviewing Conversion Rules
Conversion of decimals to fractions and fractions to decimals.

Learning New Conversion Rules
Conversion of fractions to percents and percents to fractions.

Percentages
Explains how to identify the three elements (base, rate and percentage) in word problems.  Discusses how to perform calculations to determine the missing element when two of the three are present.

Using Formulas
Definition of the terms base, rate and percentage.  Identification of these three elements in word problems.  Performance of percentage calculations by determining the missing element.

Solving Word Problems
Using formulas to solve word problems.

Course Review
Consists of multiple choice questions which review skills learned throughout the course.

Using Percents
Using percents to solve math problems.