2.2 Percent and Estimation Objective: to estimate percents using fractions and decimals ★ Sometimes an exact answer is not needed when using percents. One way to estimate the percent of a number is to use a fraction. a) Estimate 42% of 120 42% ≈ 25 2 5 • 120 = 48 so, 42% of 120 ≈ 48 ★ Another method for estimating the percent of a number is first to find 10% of the number and then multiply. b) Dante plans to put 80% of his paycheck into a savings account and spend the other 20%. His paycheck this week was $295. About how much money will he put into his savings account? $295 ≈ $300 and 10% of $300 is 30 30 × 8 = 240 so, 80% of 295 is about 240 ★ When the percent is greater than 100, the estimate will always be greater than the number. c) Estimate 174% of 200 174% is about 175% 175% of 200 = 100% of 200 + 75% of 200 = (1 • 200) + ( 34 • 200) = 200 + 150 so, 174% of 200 is about 350 d) 298% of 45 e) 347% of 80 f) A county receives 34 % of a state sales tax. About how much money would the county receive from the sale of a computer that costs $1,020? Guided practice: p.114, #1 - 7 all HW: p. 115, #1- 12 Guided practice: 1. 12 • 10 = 5 ; 0.1 • 10 = 1 and 5x1=5 2. 45 • 500 = 400 ; 0.1 · 500 = 50 and 8 · 50 = 400 3. (1 · 70) + ( 12 · 70) = 105 4. 0.01 · 80 = 0.8 and 12 · 0.8 = 0.4 5. 48 teenagers; 35 · 80 = 48 ; 0.1x80=8 and 6x8=48 6. 160,000 acres; 0.01 x 20,000,000=200,000 and 45 of 200,000 = 160,000 7. Choose a multiple of 10 to represent the percent such as 20% for 22%. You can also round the number. Then multiply the percent and number. Examples: d. e. f. 135, 280, $7.50; 3 • 45 = 135 3 12 • 80 = 280 0.01 • 1,000 = 10 and 3 4 • 10 = 7 12
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