How should you figure out your profit? If you have an item that you are selling, should you price it at 25% over its cost to you, or should you price it so that your margin is 25%. Many people think that their profit will be the same either way. Is that true?
Tag: percents
Decimals and Percents
Ratios can be written in a wide variety of different way: as fractions, as decimals, and as percents.,with a colon, with a slash, as a fraction and even as a baseball batting average. Here we compare a decimal ratio and a percent by building decimal and percent tables in the same way and compare their patterns to the ratio patterns we are used to. Ask students what other ways of expressing ratios are there.