Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

Exercise 41

Solve for part in each of the following. Round to the nearest hundredth. (See Example.)
Solving for Part
Solve for part, using P = R × B.
(a) 4% of 50
(b) 1.2% of 180
(c) 140% of 225
(d)
% of 560
( Hint:
=.25%)
SOLUTION
(a)

(b)

(c)

(d)

There are words and phrases that are usually associated with base and part. Give three examples of words that usually identify the base and the accompanying word for the part. (See Objective.)
OBJECTIVE Recognize the terms associated with base, rate, and part. Percent problems have certain similarities. For example, some phrases are associated with the base in the problem. Other phrases lead to the part, while % or percent following a number identifies the rate. The following chart helps distinguish between the base and the part.