Each percentage problem will have three components of a percent problem. Usually, two of these components are given, and the third component must be found. The three key components in a percent problem are as follows.
| Base: |
The whole or total, the starting point. |
| Rate: |
A number followed by percent (%) that represents the relationship between the percentage and the base. Rate must be changed to a decimal or fraction before being used in the formula. |
| Part: |
Result of multiplying the base and the rate. |
Formula:
Part = Base x Rate
Example 6
A shop gives a 12% discount on all shoes. Find the discount of as shoe that cost RM 150.
Solution:
| Base: |
12% discount (0.12 in decimal) |
| Rate: |
RM 150 |
| Part: |
0.12 x RM 150 = RM 18.00 discount |