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Math Antics - What Are Percentages?

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    Hi, welcome to Math Antics.
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    Now that you know all about fractions,
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    from watching all of our fractions videos,
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    it's time to learn about something called percentages.
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    Percentages are super important.
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    Have you ever been in a math class and heard another
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    student as a teacher?
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    Um, excuse me, a teacher?
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    When are we ever going to use this stuff?
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    You know, like, in real life?
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    Well, when it comes to percentages,
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    the answer is 100% of the time.
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    Alright, maybe not 100% of the time, but a lot.
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    Percentages are used every day to calculate things like how
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    much sales tax you pay when you buy something,
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    how much something costs when it's on sale,
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    how much fiber is in your granola bar,
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    or how much money you can make if you invest it in the
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    stock market.
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    That's all real life stuff for sure,
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    so you can see that it's really important to understand
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    percentages and how we use them in math.
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    Alright then,
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    are you ready to learn the key to understanding
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    percentages, or percents as they're called for short?
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    Drumroll please.
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    A percent is a fraction.
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    What?
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    That's right, a percent is a fraction.
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    And since you already know all about fractions,
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    learning about percents is going to be easy.
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    But a percent isn't just any old fraction.
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    A percent is a special fraction that always has 100 as the
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    bottom number.
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    If it's a percent, then no matter what the top number is,
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    the bottom number will be 100.
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    In fact,
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    because the bottom number of a percent is always 100,
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    we don't even write it.
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    Instead,
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    we use this handy little symbol called a percent sign.
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    Whenever you see this symbol after a number,
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    it means the number is a percent.
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    It's really a fraction with 100 on the bottom,
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    but it's just being written in this more compact form.
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    Like this number 15 here.
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    It's got the percent sign after it,
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    so we read it as 15 percent.
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    And because a percent is really a fraction that always has
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    100 as the bottom number,
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    we know that it means the same thing as 15 over 100.
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    Percents make even more sense if you know what the word
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    percent means.
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    The prefix of the word, per, means for each, or for every.
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    You know, like if someone said, only one cookie per person,
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    and the root word, cent, is Latin for 100.
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    That's why there's 100 cents in a dollar.
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    So percent literally means per 100,
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    and that's why there are shortcuts for writing fractions
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    that have 100 as the bottom number.
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    Alright then, so whenever you see a percent like this,
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    you know it can be replaced with,
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    or converted to a fraction.
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    Let's look at a few examples so you see the pattern.
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    3% means 3 over 100.
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    10% means 10 over 100.
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    25% means 25 over 100. And 75% means 75 over 100.
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    These are percents,
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    and these are the fractions that they stand for.
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    There's a few other interesting percents that we should
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    take a look at, like this one.
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    0%.
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    Can you have 0 %?
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    Yes, 0% would just mean 0 over 100.
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    It's what we like to call a zero fraction,
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    because its value is just zero.
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    Remember, it's okay to have zero on the top of a fraction,
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    but not the bottom.
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    Alright then, what about 100%?
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    Well, 100% just means 100 over 100.
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    That's what we like to call a whole fraction.
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    The top number is the same as the bottom,
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    so its value is just one whole, or one.
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    Okay then, 0% is just zero and 100% is just one,
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    but what about numbers bigger than 100?
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    Can you have 126%?
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    Yup, it works exactly the same way.
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    126% just means 126 over 100.
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    And you know from the fractions videos,
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    that's what we call an improper fraction.
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    The top number is bigger than the bottom number,
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    so the fractions value will be greater than 1.
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    Alright team,
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    I want you to go out there and give me 110% effort in
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    today's game.
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    But coach,
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    it would be improper for us to give 110% effort in today's
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    game!
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    Okay, so now you know the key to percentages,
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    that they're just special fractions that always have 100 as
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    the bottom number.
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    But there's one more thing that I need to tell you about in
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    this video, and that's decimals.
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    Do you remember in the video about fractions and decimals
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    that you can convert any fraction into its decimal value?
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    Sometimes it was kind of tricky converting to a decimal if
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    we had to divide the top number by the bottom number.
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    But other times, like when we had base 10 fractions,
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    it was easy,
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    because decimal number places are made for counting base 10
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    fractions, like tenths, hundredths, and thousandths.
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    Well guess what?
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    Percents are base 10 fractions.
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    They're hundredths because their bottom number is always
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    100.
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    That means it's really easy to rewrite a percentage as a
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    decimal number.
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    You can do it the same way as we did in the base 10
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    fractions video.
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    For example, we know that 15% is just 15 over 100, right?
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    That's its fraction form.
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    But it also has the decimal form 0.15 because this is the
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    hundredths place and 0.15 means 15 hundredths.
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    So, we can rewrite 15% as a fraction, 15 over 100,
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    or as a decimal, 0.15.
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    And now that you know why we can easily convert a
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    percentage to a decimal,
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    let me show you a really simple trick for doing it.
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    First, you start with the number in percent form,
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    like this, 35%.
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    Next,
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    you imagine where the decimal point should be in the number
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    35.
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    It's not shown, but if it was,
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    it would be right here next to the ones place.
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    Now remember, 35 and 35.0 are the same value.
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    Now that you know where the decimal point is,
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    just move it two number places to the left,
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    away from the percent symbol, and draw it in right there.
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    Last of all, once you've moved the decimal point,
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    you erase the percent sign because you don't have a percent
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    anymore.
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    Moving the decimal point two places to the left converted
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    it into the decimal value of that percent.
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    Let's try converting a few more percents into their decimal
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    values so you can get the hang of it.
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    For 62%,
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    we move the decimal point two places to the left and get 0
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    .62.
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    Remember,
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    we can put an extra zero in front of the decimal point to
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    be a placeholder and to make the decimal point easier to
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    notice.
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    For 75%, we move the decimal point and get 0.75.
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    For 99%, we move the decimal point to get 0.99.
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    Pretty cool, huh?
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    Okay, but what about 4%?
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    You might wonder how we can move the decimal point two
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    places over when our number only has one digit.
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    But all we need to do is use a zero as a placeholder in the
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    number place that's missing.
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    Then, when we move the decimal point two places over,
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    we end up with a decimal value of 0.04.
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    Now that makes sense because 4 is in the hundredths place
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    and 4% is 4 over 100.
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    And in the same way, 1% would just be 0.01.
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    Again, we need that extra zero placeholder.
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    Here's a few more interesting examples.
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    0% would just be 0.00.
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    And if we have 100% and we move the decimal point two
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    places to the left, we end up with 1.00.
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    But 1.00 is the same value as 1.
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    And that's why 100% represents one whole.
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    And if we have 142%,
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    we move the decimal point to get 1 .42.
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    That's a value greater than 1,
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    which is what we would expect because 142% is really an
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    improper fraction.
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    142 over 100.
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    Its value should be greater than 1.
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    Alright,
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    so now you know that a percent is a special fraction that
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    always has 100 as the bottom number.
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    And you know that you can rewrite percents in either their
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    fraction form or their decimal form.
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    25% is 25 over 100 or 0.25.
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    But keep in mind that you could go the other way too.
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    If someone gives you a fraction with 100 as the bottom
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    number, you can rewrite it in percent form.
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    If you get 12 over 100,
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    you can say that's 12% and if you get 80 over 100,
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    you can say that's 80%.
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    Or, if you get the decimal, 0.10, you can say that's 10%.
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    And if you get the decimal, 0.38, you can say that's 38%.
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    So, that's the key to percentages.
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    They're another way to write fractions in decimals,
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    but there's a lot more to learn about how they're used in
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    math,
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    and we'll learn more about that in the next few videos.
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    But for now,
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    you should be sure that you really understand the basics of
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    percentages by doing the exercises for this section.
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    Thanks for watching Math Antics,
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    and I'll see you next time.
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    Learn more at www.mathantics .com
Title:
Math Antics - What Are Percentages?
Description:

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Video Language:
English
Team:
BYU Continuing Education
Project:
AUTO-043-300
Duration:
08:53

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