Half of percentage, profit, interest and DI questions get easy once 12.5% reads as 1/8 without thinking. The digit-sum check catches a wrong product in 3 seconds.
12.5% is 1/8. Once your brain reads it that way, '12.5% of 648' is just 648 / 8 = 81.
Percentage, profit and loss, interest and data interpretation all turn into fractions. The table on the cheat-sheet page is worth learning cold. The checks at the end of this lesson catch wrong answers before you mark them.
Percent means 'out of 100'. 25% is 25/100 = 1/4. Most exam percentages are one of about twenty fractions, and dividing is faster than multiplying by a decimal.
Learn the family: halves, thirds, quarters, fifths, sixths, eighths, ninths, elevenths, twelfths. 1/8 = 12.5%, 3/8 = 37.5%, 5/8 = 62.5%, 7/8 = 87.5%.
| Fraction | Percent | Fraction | Percent |
|---|---|---|---|
| 1/2 | 50% | 1/8 | 12.5% |
| 1/3 | 33.33% | 1/9 | 11.11% |
| 1/4 | 25% | 1/11 | 9.09% |
| 1/5 | 20% | 1/12 | 8.33% |
| 1/6 | 16.67% | 1/16 | 6.25% |
| 1/7 | 14.28% | 1/20 | 5% |
37.5% of 1,288
Answer: 483
16.67% of 3,954
Answer: 659
x% of y = y% of x. 18% of 50 is the same as 50% of 18 = 9. Flip whenever the flipped version is rounder.
Successive percentage changes a% then b%: the total change is a + b + ab/100 (use minus signs for falls). +20% then -10%: 20 - 10 - 200/100 = +8%.
A price rises 10% and then another 10%. Total rise?
Answer: 21%
Digit-sum check (casting out nines): add the digits of each number until one digit is left (9 counts as 0). The digit sum of a product equals the digit sum of the two digit sums multiplied. If they differ, your answer is wrong.
Unit-digit check: the last digit of a product is the last digit of the two last digits multiplied. 487 × 36 must end in 7 × 6 = 42 → 2.
Size check: round both numbers and multiply. 487 × 36 is about 500 × 36 = 18,000, so 1,753 or 1,75,320 are impossible.
Which is 487 × 36: (a) 17,532 (b) 17,542 (c) 17,432?
Answer: 17,532
Use it when: After any long multiplication, before you mark the option.
Is 234 × 567 = 132678?
Answer: Passes
Use it when: Whenever a % in the question is on the table.
37.5% of 1,288
Answer: 483
Which is the correct value of 487 × 36? (a) 17,532 (b) 17,542 (c) 17,432
Answer: (a) 17,532
83.33% of 2,454
Answer: 2045
11.11% of 5,868 + 9.09% of 4,741
Answer: 1083
5 questions with full solutions.