Percentages — Complete Student Guide

From finding a simple percentage of an amount to reverse percentages and compound interest — every method explained step by step with fully worked exam questions.

What Is a Percentage?

A percentage is a number expressed as a fraction of 100. The word comes from the Latin per centum, meaning "out of a hundred." The symbol % represents "per hundred."

So 45% means 45 out of every 100, which as a fraction is 45/100 and as a decimal is 0.45. Being comfortable moving between these three forms — percentage, fraction, decimal — is the foundation of every percentage calculation.

Converting Between Forms

Finding a Percentage of a Quantity

To find a percentage of a quantity, convert the percentage to a decimal and multiply.

Question: Find 35% of £260.

0.35 × 260 = £91

Alternatively, use the fraction method: 35% = 35/100, so (35 × 260) ÷ 100 = 9100 ÷ 100 = £91. Both methods work; the decimal method is faster on a calculator.

Mental Methods for Common Percentages

For non-calculator papers, build up the answer from easy percentages you can find quickly:

Example: Find 17.5% of £80 without a calculator.
10% of £80 = £8
5% = £4
2.5% = £2
17.5% = £8 + £4 + £2 = £14

Expressing One Quantity as a Percentage of Another

Divide the part by the whole, then multiply by 100.

Formula: Percentage = (part ÷ whole) × 100

Question: A student scores 48 out of 60. What is their percentage score?

(48 ÷ 60) × 100 = 0.8 × 100 = 80%

Make sure the part and whole are in the same unit before dividing. If you scored 450 marks out of a maximum of 600, the calculation is the same: (450 ÷ 600) × 100 = 75%.

Percentage Increase and Decrease

Percentage change tells you how much a quantity has grown or shrunk compared to its original value.

Percentage change = (change ÷ original) × 100

Worked Example — Percentage Increase

Question: A jacket costs £80. Its price rises to £92. Find the percentage increase.

Change = £92 − £80 = £12

Percentage increase = (12 ÷ 80) × 100 = 15%

Worked Example — Percentage Decrease

Question: A TV was £450 and is now on sale for £360. Find the percentage decrease.

Change = £450 − £360 = £90

Percentage decrease = (90 ÷ 450) × 100 = 20%

Applying a Percentage Increase or Decrease

The quickest method uses a multiplier. Add the percentage to 100% for an increase, or subtract for a decrease, then convert to a decimal.

Question: A salary of £32 000 increases by 6%. Find the new salary.

£32 000 × 1.06 = £33 920

Reverse Percentages

A reverse percentage problem gives you the value after a percentage change and asks you to find the original value. The most common mistake is calculating a percentage of the final value — this gives the wrong answer because percentages are always calculated on the original.

Use the multiplier approach: divide the given value by the multiplier that was applied.

Worked Example

Question: A coat costs £68 after a 15% reduction. What was the original price?

A 15% reduction uses multiplier 0.85. So: £68 ÷ 0.85 = £80

Check: 15% of £80 = £12; £80 − £12 = £68 ✓

Another Reverse Example

Question: After a 12% pay rise, an employee earns £2 240 per month. What was their original salary?

Multiplier = 1.12. Original = £2 240 ÷ 1.12 = £2 000

Simple Interest

Simple interest is calculated on the original (principal) amount only — it does not compound. The formula is:

Interest = (P × R × T) ÷ 100

Where P = principal, R = rate per year (%), T = time in years.

Question: Calculate the simple interest on £500 at 4% per year for 3 years.

Interest = (500 × 4 × 3) ÷ 100 = 6000 ÷ 100 = £60

Total amount = £500 + £60 = £560

Compound Interest

Compound interest is calculated on the growing total — each year's interest is added to the principal before the next year's interest is calculated. It grows faster than simple interest over time.

Formula: A = P × (1 + r/100)n

Where A = final amount, P = principal, r = annual rate %, n = number of years.

Worked Example

Question: £2 000 is invested at 5% compound interest per year for 3 years. Find the total amount.

A = 2000 × (1.05)3

1.053 = 1.157625

A = 2000 × 1.157625 = £2 315.25

Compare this to simple interest: 3 years at 5% on £2 000 = £300 interest, giving £2 300 total. Compound interest earns an extra £15.25 because interest is earned on interest.

Common Mistakes and How to Avoid Them

Exam Tips — Pick Up Every Mark

Quick Summary

Percentages appear in every real-world context — bank accounts, exam scores, sale prices, tax, population growth. Getting every method right here pays off both in the exam and well beyond it.