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Math - Unit 7 Formulas

Study, study, study these formulas for your chapter 7 test!

AB
Percent Proportiona/b = p/100
The percent equationa = p% * b
Percent of Changep% = amount of increase or decrease/Original amount
Percent of Increasep% = increase/original
Percent of Decreasep% = decrease/original
Finding a new amount (increase)new amount = original * (100% + p%)
Finding a new amount (decrease)new amount = original * (100% - p%)
Finding a Retail Price (method 1)Retail = Wholesale + Markup
Finding a Retail Price (method 2)Retail = Wholesale * (100% + Markup %)
Finding a Sale Price (method 1)Sale = Original - Discount
Finding a Sale Price (method 2)Sale = Original * (100% - Discount %)
Total Food BillTotal = Food + Tax + Tip
Finding an Original AmountRetail = Wholesale * (100% + Markup %)
Simple InterestI = Prt
In the simple interest formula, P stands forPrincipal
In the simple interest formula, I stands forInterest
In the simple interest formula, r stands forrate
In the simple interest formula, t stands fortime (in years)
Finding the BalanceA = P(1 + rt)
The variable we use to represent the balance in interest problemsA


Dr. Weiler

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