Math Antics - What Are Percentages? - YouTube

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Hi! Welcome to Math Antics.
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Now that you know all about fractions, from watching all of our fractions videos,
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it’s time to learn about something called “percentages”.
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Percentages are super important.
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Have you ever been in a math class and heard another student ask the teacher:
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Um.. excuse me… teacher…
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Ah… when are we ever gonna use this stuff?
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Ya know… like in real life?
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Well when it comes to percentages, the answer is one-hundred percent of the time.
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Well alright… maybe not a hundred percent of the time… but a lot!
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Percentages are used every day to calculate things like:
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…how much sales tax you pay when you buy something.
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…how much something costs when it’s on sale.
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…how much fiber is in your granola bar.
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…or how much money you can make if you invest it in the stock market.
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That’s all real life stuff for sure.
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So, you can see that it’s really important to understand percentages and how we use them in math.
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Alright then… are you ready to learn the key to understanding percentages, or percents as they’re called for short?
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Drum roll please…
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A percent is a fraction!
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Whaaaat?
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That’s right… a percent IS a fraction!
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And since you already know all about fractions, learning about percents is gonna be easy.
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But a percent isn’t just any old fraction. A percent is a special fraction that always has 100 as the bottom number.
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If it’s a percent, then no matter what the top number is, the bottom number will be 100.
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In fact, because the bottom number of a percent is always 100, we don’t even write it.
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Instead, we use this handy little symbol (%) called a percent sign.
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Whenever you see this symbol after a number, it means the number is a percent.
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It’s really a fraction with 100 on the bottom, but it’s just being written in this more compact form.
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...like this number 15 here.
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It’s got the percent sign after it, so we read it as "15 percent",
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and because a percent is really a fraction that always has 100 as the bottom number,
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we know that it means the same thing as 15 over 100.
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Percents make even more sense if you know what the word precent means.
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The prefix of the word (per) means “for each” or “for every”. Ya know like if someone said, “only one cookie per person”.
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And the root word (cent) is Latin for 100. That’s why there’s 100 cents in a dollar.
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So, percent literally means “per 100” and that’s why they’re shortcuts for writing fractions that have 100 as the bottom number.
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Alright then, so whenever you see a percent like this, you know it can be replaced with (or converted) to a fraction.
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Let’s look at a few examples so you see the pattern.
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3% means 3 over 100
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10% means 10 over 100
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25% means 25 over 100
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and 75% means 75 over 100
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These are percents… and these are the fractions that they stand for.
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There’s a few other interesting percents that we should take a look at.
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…like this one: 0% …can you have 0% ?
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Yes! 0% would just mean 0 over 100. It’s what we like to call a “zero fraction” cuz its value is just zero.
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Remember, it’s okay to have zero on the top of a fraction, but not the bottom!
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Alright then, what about 100%. Well 100% just means 100 over 100. That’s what we like to call a “whole fraction”.
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The top number is the same as the bottom, so its value is just one whole, or 1.
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Okay then, 0% is just zero, and 100% is just 1.
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But what about numbers bigger than 100? Can you have 126% ?
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Yep, it works exactly the same way. 126% just means 126 over 100.
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And you know from the fractions videos, that’s what we call an “improper fraction”.
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The top number is bigger than the bottom number, so the fraction’s value will be greater than 1.
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Alright team, I want you to go out there and give me a-hundred and TEN percent effort in today's game!
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But coach… it would be “improper” for us to give a-hundred and ten percent effort in today’s game.
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Okay, so now you know the key to percentages. …that they’re just special fractions that always have 100 as the bottom number.
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But there’s one more thing that I need to tell you about in this video, and that’s decimals.
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Do you remember in the video about fractions and decimals that you can convert any fraction into its decimal value?
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Sometimes it was kind of tricky converting to a decimal if we had to divide the top number by the bottom number.
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But other times, like when we had “base-10” fractions, it was easy because decimal number places are made for counting base-10 fractions,
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(like tenths, hundredths and thousandths).
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Well guess what… Percents ARE base-10 fractions! They are hundredths because their bottom number is always 100.
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That means it’s really easy to re-write a percentage as a decimal number.
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You can do it the same way as we did in the base-10 fractions video.
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For example, we know that 15% is just 15 over 100, right? That’s its fraction form.
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But it also has the decimal form 0.15 because THIS is the hundredths place and 0.15 means 15 hundredths.
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So, we can re-write 15% as a fraction (15 over 100) OR as a decimal (0.15)
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And now that you know WHY we can easily convert a percentage to a decimal, let me show you a really simple trick for doing it.
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First, you start with the number in percent form like this: 35%
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Next, you imagine where the decimal point should be in the number 35.
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It’s not shown, but if it was, it would be right here next to the ones place.
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(Now remember, 35 and 35.0 are the same value.)
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Now that you know where the decimal point is,
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just move it two number places to the left (away from the percent symbol) and draw it in right there.
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Last of all, once you have moved the decimal point, you erase the percent sign because you don’t have a percent anymore.
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Moving the decimal point two places to the left converted it into the decimal value of that percent.
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Let’s try converting a few more percents into their decimal values so you can get the hang of it.
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For 62 percent, we move the decimal point two places to the left and get 0.62
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(Remember, we can put an extra zero in front of the decimal point to be a place holder and to make the decimal point easier to notice.)
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For 75 percent, we move the decimal point and get 0.75
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For 99 percent, we move the decimal point to get 0.99
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Pretty Cool, huh?
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Okay, but what about 4% ? You might wonder how we can move the decimal point two places over when our number only has one digit.
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But all we need to do is use a zero as a place holder in the number place that’s missing.
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Then, when we move the decimal point two places over, we end up with the decimal value of 0.04.
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Now that makes sense because 4 is in the hundredths place and 4% is 4 over 100.
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And in the same way, 1% would just be 0.01. Again, we need that extra zero placeholder.
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Here’s a few more interesting examples:
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0% would be just 0.00
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And if we have 100% and we move the decimal point two places to the left, we end up with 1.00
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But 1.00 is the same value as 1. That’s why 100% represent one whole.
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And if we have 142%, we move the decimal point to get 1.42
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That’s a value greater than one which is what we’d expect because 142% is really an improper fraction (142 over 100)
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Its value should be greater than 1.
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Alright, so now you know that a percent is a special fraction that always has 100 as the bottom number.
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And you know that you can re-write percents in either their fraction form OR their decimal form.
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25% is 25 over 100 or 0.25
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But keep in mind that you could go the other way too.
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If someone gives you a fraction with 100 as the bottom number, you can re-write it in percent form.
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If you get 12 over 100, you can say that’s 12%
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And if you get 80 over 100, you can say that’s 80%
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OR… If you get the decimal 0.10, you can say that’s 10%
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and if you get the decimal 0.38, you can say that’s 38%
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So, that’s the key to percentages. They’re another way to write fractions and decimals.
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But there’s a lot more to learn about how they‘re used in math, and we’ll learn more about that in the next few videos.
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But for now, you should be sure that you really understand the basics of percentages by doing the exercises for this section.
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Thanks for watching Math Antics, and I’ll see ya next time!
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Learn more at www.mathantics.com