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Quantitative Reasoning5 min read

Percentages

Section 01

Overview

Percentages appear in roughly 40% of all QR questions - more than any other single skill. They also combine with almost everything else: percentage of a mean, percentage change in a ratio, VAT as a percentage. If you master one thing in QR, make it this.


Section 02

Benchmark Fraction/Percentage Table

Memorise these. You'll use them constantly for quick estimation and to avoid unnecessary calculator work.

Fraction%Fraction%Fraction%
1/250%1/333.3%1/425%
1/520%1/616.7%1/714.3%
1/812.5%1/911.1%1/1010%
2/366.7%3/475%3/837.5%

If a question asks "what fraction of 720?" and you spot the answer is close to 1/8, you know to expect ~90 (720 / 8 = 90). This catches wrong-row or wrong-column errors before they cost marks.


Section 03

The Three Percentage Operations

Every percentage question boils down to one of these three. Recognise which one you need before touching the calculator.

OperationWhen you use itFormula
1. Find a % of a value"What is 15% of 300?"Value × (% / 100)300 × 0.15 = 45, or 300 * 15 %
2. Find what % one value is of another"120 is what % of 480?"(Part / Whole) × 100(120 / 480) × 100 = 25%
3. Percentage change"Sales went from 200 to 250. What was the % change?"See the Joyel shortcut below

Section 04

Percentage Change - The Joyel Shortcut

Standard formula (three operations): ((Final − Initial) / Initial) × 100

Joyel shortcut (two operations): (Final / Initial) − 1, then read the decimal.

Example: price went from 80 to 100. What's the % change?

Standard: (100 − 80) / 80 = 20 / 80 = 0.25 × 100 = 25% (three calculator ops)
Shortcut: 100 / 80 = 1.25 → subtract 1 → 0.25× 100 = 25% (two calculator ops; the subtract-1 is instant in your head)

Why This Is Faster

You often don't even need the final × 100 step - just read the decimal directly:

Divide resultMeaning
1.5050% increase
1.2525% increase
1.1010% increase
1.00No change
0.9010% decrease
0.7525% decrease
0.5050% decrease

Section 05

Reverse Percentages

Reverse percentage questions give you the final value after a percentage has been applied and ask for the original. This is where most students make their biggest QR error.

The VAT trap. "A laptop costs £360 including 20% VAT. What was the price before VAT?"

Wrong: 360 × 0.8 = 288 (subtracting 20% of 360)
Wrong: 360 − (360 × 0.2) = 288 (same mistake, longer)
Right: 360 / 1.2 = 300 (divide by 1 + the percentage)

Check: 300 + 20% of 300 = 300 + 60 = 360
Check (the wrong answer): 288 + 20% of 288 = 345.60

The Rule

SituationWhat to do
Price includes an addition (VAT, markup, increase)Divide by (1 + % as decimal) - e.g. 20% VAT → divide by 1.20; 15% markup → 1.15; 8% increase → 1.08
Price reflects a reduction (discount, decrease)Divide by (1 − % as decimal) - e.g. 15% discount → divide by 0.85; 30% reduction → 0.70; 5% decrease → 0.95

Think of it this way: the number you divide by is the multiplier that was applied to the original. If the original was increased by 20%, it was multiplied by 1.2. To undo that, divide by 1.2.


Section 06

Percentage Flipping (Mental Maths Trick)

When one of the numbers is awkward but the other is easy, flip them. `X% of Y = Y% of X` (multiplication is commutative).

OriginalFlippedResultWhy
8% of 2525% of 8225% = one quarter
4% of 5050% of 4250% = half
12% of 2525% of 12325% = one quarter
75% of 1212% of 7590.12 × 75 = 9

This turns a calculator problem into a 2-second mental calculation. Look for it whenever one number is 25, 50, or small.


Section 07

Fraction-to-Decimal Conversions

These come up constantly. Memorise them to skip calculator use on simple conversions.

FractionDecimalFractionDecimalFractionDecimal
1/20.51/30.3331/40.25
1/50.21/60.1671/80.125
2/30.6672/50.43/80.375
3/40.753/50.65/80.625
4/50.85/60.8337/80.875

If a question says "3/8 of 640 people voted," you instantly know 3/8 = 0.375, type 640 \ 0.375 = 240, done in 5 seconds. Without this, you'd do 640 / 8 \ 3 - an extra step.


Section 08

Worked Example: Table Data with Percentage Change

Question: The table below shows quarterly smartphone sales. What was the percentage change in sales from Q1 to Q3?

RegionQ1Q2Q3Q4
North1,2001,3501,5001,650
South2,4002,1002,7603,000
East8009209601,040
Total4,4004,3705,2205,690

Step 1: identify the data needed → Q1 Total = 4,400, Q3 Total = 5,220.
Step 2: Joyel shortcut → 5220 / 4400 = 1.1864.
Step 3: read the decimal → 1.18640.186418.6% increase.

Calculator keystrokes: 5220 / 4400 =. Time: ~10 sec.

Sense check: sales went from 4,400 to 5,220. That's about 800 more on a base of ~4,400 - roughly 1/5.5, so ~18%. Checks out.


Section 09

Common Traps

Trap 1: Wrong denominator

  • % increase → divide by initial (old) value, not final.
  • % of total → divide by the total, not a subtotal.

Trap 2: The VAT trap *(covered above)*

"Price includes 20% VAT" → divide by 1.2, not multiply by 0.8.

Trap 3: Successive percentage changes

A 10% increase followed by a 10% decrease does not cancel out.
100 + 10% = 110. 110 − 10% = 99. Net change: −1%.
Always apply each change to the current value, not the original.

Trap 4: Percentage OF vs percentage INCREASE

"120 is 150% of 80"120 / 80 = 1.5.
"120 is a 50% increase on 80"(120 − 80) / 80 = 0.5.
Different questions, same numbers, different answers.


Section 10

Summary

TechniqueWhen to UseFormula
Find a percentage"What is X% of Y?"Y x (X/100) or calc % key
Find what %"A is what % of B?"(A/B) x 100
Joyel shortcutAny percentage change(Final / Initial) - 1, read decimal
Reverse % (add)"Price includes X%"Divide by (1 + X/100)
Reverse % (subtract)"Price after X% off"Divide by (1 - X/100)
Percentage flippingOne number is 25/50/simpleX% of Y = Y% of X
Benchmark tableQuick estimation, sanity checks1/8 = 12.5%, 1/3 = 33.3%, etc.
Fraction-decimal tableConverting fractions fastMemorise the 15 key conversions

Next lesson: 3.3 Ratios & Rates - ratio problems and speed/distance/time, appearing in about 12% and 5% of questions respectively.