Problem solving with percentages
I can use my knowledge of percentages to solve problems.
Problem solving with percentages
I can use my knowledge of percentages to solve problems.
Lesson details
Key learning points
- A context can be evaluated to determine what sort of percentage calculation is involved.
- As percentages can be written as fractions and decimals, they are very versatile.
- Percentage change is not just connected to money.
Common misconception
Assuming that an increase of 10% followed by a decrease of 10% takes you back to 100%, etc.
Provide plenty of examples to illustrate the structure of what happens. If you increase a number by a percentage the number will increase meaning that you will be finding 10% of a larger number and hence decrease by more.
Keywords
Simple interest - Simple interest is always calculated on the original amount.
Compound interest - Compound interest is the interest calculated on the original amount and the interest accumulated over the previous period.
Exponential form - When a number is multiplied by itself multiple times, it can be written more simply in exponential form.
Licence
This content is © Oak National Academy Limited (2024), licensed on Open Government Licence version 3.0 except where otherwise stated. See Oak's terms & conditions (Collection 2).
Video
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